Rep. Chris Van Hollen (D-Md.) has decided to stay on for another two-year term as chairman of the Democratic Congressional Campaign Committee after an intense lobbying campaign by Speaker Nancy Pelosi (D-Calif.), Democratic sources say.

Van Hollen also will take on a second leadership role in the next Congress serving as assistant to the Speaker to advise on policy. The latter position is viewed as a sweetener from Pelosi to convince Van Hollen to agree to another grueling cycle at the DCCC.

Roll Call reported Friday that Van Hollen, who oversaw the DCCC during the successful 2008 cycle, was reconsidering staying in the job. The ambitious Marylander had earlier ruled it out, and said he was exploring other options.