Letting someone else lead the House campaign committee would free him to advance on the leadership ladder. And he'd avoid blame if the party lost ground in the next election. It's been more than a century since a party added seats in the situation Democrats find themselves in now.
"We have our work cut out for us," says the Maryland congressman in an interview. "We have to beat history in a big way."
But when House Speaker Nancy Pelosi insisted, Van Hollen agreed to stay on as chairman of the Democratic Congressional Campaign Committee through the 2010 election.
President Barack Obama's donors should be a ready source of cash to help Democrats maintain a financial advantage. And interest groups are now reinforcing Washington's power shift by moving the Democrats' way.
The U.S. Chamber of Commerce played against type by praising selected Democrats for voting in favor of the $787 billion stimulus package, which the chamber supported. Maryland freshman Rep. Frank Kratovil was among the vulnerable incumbents rewarded with statements designed to impress business leaders back home.
Democrats, including Van Hollen, had encouraged the chamber effort.
"They were heading in that direction," he says, "but we reinforced the idea that it's important to let people know when someone's with you and not just when they are against you."
Obama's reputation will be on the line in next year's congressional contests, even if his name isn't on the ballot, says Van Hollen. "The 2010 election is not just a referendum on how Congress is doing. It's also a midterm report card on the president," he says.
The extent of Obama's political involvement isn't clear yet. He kept his distance from a Senate runoff election in Georgia in December and has yet to get involved in a special election in upstate New York this month, where Republicans have an excellent chance to take back the seat formerly held by Democrat Kirsten Gillibrand, now a member of the Senate.
Public opinion, fickle and fleeting is rising for Democrats in Congress, a coattail effect linked to Obama's popularity and swift passage of the stimulus package.
Enthusiasm for Obama is also contagious among prospective House candidates, according to Van Hollen.
"I do think Obama has excited a lot of people about public service and an opportunity to change the direction of the country. And so I think a lot of people are going to take a look at running this time around," he says. But "there's a difference between inspiring people to run and then winning these elections."
There are signs that the Republicans are regaining their footing. They've started to unite their base by returning to their fiscally conservative roots, counting on Democratic mistakes to help them win back some of the 54 districts they lost over the past two elections.
It's too early to guess how many seats will change hands, but a variety of factors favor the Republicans. They "simply have more opportunities for pickups than do Democrats," Stuart Rothenberg, a respected independent analyst, concluded recently.
At the same time, Rothenberg said it would be "impossible" for Democrats to lose enough seats - 40 - for Republicans to regain control. Out of 435 House districts, just 23 Democratic and 10 Republican ones will be in play, he estimates.
"The American people are hurting economically, and the president and the Democratic Congress are working overtime to try to climb out of the economic hole that we've inherited," says Van Hollen. If Republicans "just say no to every Obama initiative, I don't think they're going to get the support of the American people."