Los Angeles Mayor Eric Garcetti not running for president

Los Angeles Mayor Eric Garcetti called a late-afternoon press conference Tuesday where he's expected to announce that he will not seek the presidency of the United States in 2020.

The media publication Politico cited three unnamed sources each reporting that Garcetti has chosen not to run for President despite mulling a possible presidential bid over the past year.

Garcetti will be speaking with reporters at City Hall at 5 p.m.

Garcetti was re-elected to a second mayorship in 2017 in a landslide and has been exploring a potential presidential run, but with a crowded field of Democratic contenders vying for the highest seat in the land, it appears Garcetti will decide to stay at City Hall for the time being.

Last week, Garcetti acknowledged to reporters he was thinking of running.

"I think we have a TV reality star as president. We had our first African-American president...The time for obviously trying new things -- in both positive and sometimes negative ways -- is upon us. I don't think it's about your resume anymore," said Garcetti when asked about the potential of being the first mayor to jump right into the White House.

CNS contributed to this report