Former Wisconsin governor Tommy Thompson is mulling a Senate run, Mike Allen reports:

Tommy Thompson, the Republican former Wisconsin governor and George W. Bush’s first HHS secretary, has told friends he plans to run for the open Senate seat in Wisconsin. Sen. Herb Kohl (D-Wis.) said Friday that he won’t seek a fifth term in 2012. Thompson’s announcement gives Republicans a popular former two-term governor of state to seriously challenge for this toss-up seat.

But, according to the report, Thomspon won't run if Wisconsin congressman Paul Ryan decides to vie for the position:

There's no chance Thompson would run against Paul Ryan, so the former Wisconsin Governor will await the Budget Chairman's official announcement on the race before jumping in. Ryan has suggested in private conversations with GOP officials in recent days that he will take a pass on the race and focus on his House chairmanship.

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