Washington, Jan. 7 : US President George W Bush's younger brother and former Florida Governor Jeb Bush has ruled out a bid for a Senate seat, saying that the time is not right for running for elective office.

Jeb Bush said that he would instead work from outside elected office to rebuild the Republican Party.

"While the opportunity to serve my state and country during these turbulent and dynamic times is compelling, now is not the right time to return to elected office," Fox News quoted him, as saying.

President Bush, and his father, former President George H. W. Bush, both seemed to send signals encouraging him to make a run.

"I''d like to see him run. I''d like to see him be president someday," the senior Mr. Bush told "Fox News Sunday" last weekend.

But the former governor said he wants to focus on education, including working to build "a system that lessens our populace''s dependence on government."

In his statement, the former governor did not mention his brother, the current president, but did praise President-elect Barack Obama, saying he "ran a tremendous campaign and I am proud to call him my president."

"I am confident Republicans will find productive ways to work together with the new administration to advance reforms both sides of the aisle can support," he added.

Florida Republican Party Chairman Jim Greer said that although he was disappointed in Mr. Bush''s decision not to run for the Senate, the party would present a strong candidate in 2010.

While in office, Jeb Bush, 55, earned praise among conservatives for cutting taxes, trimming the state work force, pushing for school choice and moving to privatize many state services.

Analysts credit his popularity among moderates to the boost in test scores among minority students and his success in leading the Sunshine State through two hurricanes.

Since leaving office in 2007 after two terms, Bush has kept a relatively low public profile, writing an occasional column or giving interviews. (ANI)