Responding to questions from Reuters about the possibility of running for public office, Dobbs said he is "ruling nothing out."
"I have come to no conclusions and no decisions," he said. "Do I seek to have some influence on public policy? Absolutely. Do I seek to represent and champion the middle class in this country and those who aspire to it? Absolutely. And I will."
Dobbs, 64, left CNN abruptly last week after nearly 30 years at the network. He has said his exit was suggested by CNN executives who objected to his "advocacy journalism" and wanted to move towards "middle-of-the-road-journalism." Dobbs was a well known critic of Barack Obama and vehemently anti-immigration.
The veteran commentator told Reuters that a run for U.S. Senate in New Jersey, where he lives, or a third party run for the White House in 2012 were options that he was considering.
"Right now I feel exhilaration at the wide range of choices before me as to what I do next," he said.