Jeb Bush on Tuesday took another step toward a bid for the GOP presidential nomination, launching the Right to Rise PAC.
The former Florida governor announced the PAC's launch with two short videos on his Facebook page, including one in Spanish.
"The mission of the 'Right to Rise' PAC is to support candidates who share our optimistic,conservative, positive vision for helping every American get ahead," according to the PAC's website. "We believe in the transformative power of conservative ideas to renew America."
Bush's camp has also scheduled a fundraising event in Greenwich, Connecticut, for Wednesday..
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Sources told MSNBC that Bush is currently putting together his financial staff behind the scenes.
Read MoreLet the political jockeying begin