Report: Joe Biden says he is the Democrat most likely to defeat President Donald Trump in 2020

Former Vice President Joe Biden reportedly believes that he is the Democrat most likely to defeat President Donald Trump in the 2020 presidential election, according to a Sunday report by the New York Times.

CNN also reports that Biden, 76, is in the final stages of deciding whether he'll make a run for the presidency in 2020 and is expected to make an announcement in January.

What are the details?

An anonymous source told the Times that Biden is leaning toward running for president and believes he is the Democratic Party's best shot at defeating the incumbent president.

The outlet reported that Biden recently made the remarks during a phone call to a fellow Democrat.

"If you can persuade me there is somebody better who can win, I'm happy not to do it," Biden reportedly said during the call. "But I don't see the candidate who can clearly do what has to be done to win."

During a December book tour, Biden announced that he believed himself to be the "most qualified person in the country to be president."

If Biden did announce his intent to run for president in 2020, it would be his third bid for the presidency. Biden first announced his intention to run for president in 1987, and then again in 2007. He served as vice president to former President Barack Obama.

Biden, who was born in Scranton, Pennsylvania, but currently hails from Delaware, clearly has the support of longtime friend Sen. Tom Carper (D-Del.).

"He has the best chance of beating Trump, hands down," Carper said. "On a scale of one to 10, that's probably about a 12 for us."

A Biden ally reportedly told CNN that the former vice president "understands that he needs to make a decision relatively early in the process."

"He knows he can't wait," the ally added under the condition of anonymity.

Anything else?

Sen. Elizabeth Warren (D-Mass.) announced her apparent intentions to run for president with the launch of exploratory committee last week.

Warren, who was once a Democratic favorite, is not necessarily the popular choice for 2020 — not with new, younger Democratic options such as former Congressman Beto O'Rourke (Texas) and Sen. Kamala Harris (D-Calif).

According to a recent CNN poll, Biden is the favorite to win the Democratic nomination against other contenders like Sen. Bernie Sanders (I-Vt.), O'Rourke, and Sen. Cory Booker (D-N.J).