Fresh off engineering a roughly 20-seat gain for House Democrats, Rep. Chris Van Hollen (D-Md.) made clear Wednesday he will not seek another term leading the Democratic Congressional Campaign Committee.

“I’m exploring all my options,” Van Hollen said at a midday press conference. “One option I’m not exploring is continuing as chairman of the DCCC.”

With Caucus Chairman Rahm Emanuel (D-Ill.) expected to take a job as President-elect Obama’s chief of staff, things are suddenly fluid at the top of the House Democratic leadership ladder, and Van Hollen is widely thought to be eyeing an elected post. One option would be for Van Hollen to run to succeed Emanuel, now the No. 4 House leader.