Egerman, close to both Warren and to the heavy-hitting liberal base of funders who helped her raise $42 million last year, has been approached by donors in the last two weeks and told them that, no, Warren is not planning to run, according to two major players in Democratic financial circles who spoke with Egerman directly.

One Democratic fundraiser said he spoke with Egerman roughly two weeks ago, after articles by Peter Beinart in the Daily Beast and Noam Scheiber in the New Republic heightened fervor amongst the progressives over whether Warren would challenge Hillary Clinton, already the presumed frontrunner, from the left.

Egerman, the fundraiser said, quickly threw cold water on the theory.

“It’s not gonna happen,” the source said.