After Supreme Court ruling:

Don’t tempt me Frodo! I dare not take it. Not even to keep democracy safe. Understand Frodo, I would use this office from a desire to do good. But through it, I would wield a power too great and terrible to imagine.

More like when he was trying to hold on like at the beginning of the fellowship before Gandalf convinced him to turn it over. Now we just need to figure out who our Frodo is.