Jeb Bush Just Took Another Big Step Toward Running for President

Former Florida Gov. Jeb Bush on Tuesday announced the creation of a new political fundraising committee amid his continuing exploration of "the possibility" of running for president in 2016.

Former Florida Gov. Jeb Bush speaks to the media Dec. 17, 2014, in Miami. (Joe Raedle/Getty Images)

"Hey everybody, today we're setting up the Right to Rise PAC, which is a PAC to support candidates that believe in conservative principles to allow all Americans to rise up. If you're interested, go to righttorisepac.org," Bush said in a video posted on Facebook. He recorded a similar message in Spanish.

The PAC website names education reform, strong defense, entrepreneurship and rising wages as top issues.

Fox News reported that Right to Rise already has fundraising events planned in Florida, New York and Washington, D.C., over the next several weeks.

On Wednesday, Bush is holding a private fundraising event in Greenwich, Connecticut, where is grandfather, Prescott Bush, was a Republican U.S. senator.

Other potential Republican presidential candidates that have established similar committees are Florida Sen. Marco Rubio, Texas Sen. Ted Cruz, outgoing Texas Gov. Rick Perry and Kentucky Sen. Rand Paul.