New York City billionaire Mike Bloomberg has reportedly told political insiders he may rejoin the 2020 race for the White House should Joe Biden continue his struggle to connect with voters on the campaign trail.
“Bloomberg, the billionaire former mayor of New York, has indicated to associates in recent weeks that Joe Biden’s recent struggles against Sen. Elizabeth Warren are making him rethink his decision to stay out of the 2020 Democratic primary, according to people familiar with the discussions. These people declined to be named because the conversations were deemed private,” reports financial website CNBC.
“I think it’s something he wants. He has not been shy about that,” said one insider. “Nothing can happen unless Biden drops out and that’s not happening anytime soon.”
Bloomberg -a former Republican, then Independent, then Democrat- served three terms as the Mayor of New York City.
Read the full report at CNBC.
2020 VISION: Mike Bloomberg Visits Iowa, Sparks Speculation of Potential White House Run
Billionaire Democrat and former Mayor of New York City Michael Bloomberg visited Iowa this week; speaking with supporters in the pivotal state just weeks before he’s expected to make an announcement regarding a potential run for the White House.
Bloomberg was addressing progressive voters while promoting his new documentary about climate change; saying Democrats “have to do something” now that they’ve taken control of the House of Representatives.
“If they just sit back and do the same thing that the people they just ousted did then I’m not gonna be happy and I’ve told Nancy Pelosi that,” said Bloomberg.
“They are used to having candidates from around the country come here every four years,” said Bloomberg. “They’ve seen it all and they understand you’re coming here because you want to get to know them and solicit the votes.”
Read the full story here.
BREAKING NOW: Mike Bloomberg Will Not Run for the White House in 2020
Former New York City Mayor Michael Bloomberg confirmed Tuesday afternoon that he will not run for the White House in 2020; ending months of speculation on whether the billionaire businessman would take on President Trump in the coming months.
“Michael R. Bloomberg, the former New York City mayor who joined the Democratic Party last year to crusade against President Trump, has decided not to challenge Mr. Trump as a candidate in the 2020 election,” reports the New York Times.
“Rather than entering the race himself, Mr. Bloomberg intends to plow his political energy and immense personal fortune into other efforts to thwart Mr. Trump and his agenda, including an initiative aimed at rapidly accelerating the country’s transition to renewable energy,” adds the article.
This is a developing story. Check back for updates.