After spending millions of his own dollars, Bloomberg ends his bid for the Democratic nomination

Michael Bloomberg ends his presidential bid. The former New York City mayor was the last Democrat to jump into the crowded primary field.

WASHINGTON – Former New York City Mayor Michael Bloomberg, who jumped into the 2020 election in late November, has ended his presidential bid, according to his campaign.

In a statement Wednesday morning, Bloomberg said staying in the race would make it more difficult for Democrats to defeat President Donald Trump in November. “I’m a believer in using data to inform decisions. After yesterday’s results, the delegate math has become virtually impossible – and a viable path to the nomination no longer exists," Bloomberg's statement read."But I remain clear-eyed about my overriding objective: victory in November. Not for me, but for our country. And so while I will not be the nominee, I will not walk away from the most important political fight of my life.

Bloomberg put much of his resources into Super Tuesday on March 3, rather than the first four early-voting states. About half of the total Democratic delegates are up for grabs that day.

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