Washington Free Beacon: https://archive.ph/M4Xtl

Rep. Dean Phillips (D., Minn.) told House colleagues that he plans to run for the Democratic presidential nomination, two sources told Politico. A third source who spoke to Phillips told Politico he seemed less resolved, replying, "We’ll see" when asked whether he'll run.

Of course, the first question that comes to mind is "Who?"
In short, he's a very generic "moderate" democrat who, as far as his voting record indicates, goes along with the party position nearly all the time.
One other thing he has going for him is some inherited wealth. He's not Mike Bloomberg rich, but he has one of the highest net worth values in congress. The inheritance comes from a previously big distillery business
In my opinion, he might make for a decent Biden copy, without the family/corruption controversy.
What may be interesting to watch for is if the floodgates open with more democrats wanting to fill in as the puppet figurehead of the country.