Mike Bloomberg suspended his presidential campaign after a disappointing showing on Super Tuesday: 'I will not be our party's nominee—but I will not walk away from the most important political fight of my life, and I hope you won't walk away either.'
His longtime team was well aware of the dangers posed by these fractious issues, campaign sources tell ABC News - but felt he would be able to overcome both. That calculation proved off at the Nevada Democratic debate - Bloomberg’s first in over a decade - where he was slammed from all sides of the stage by his 2020 rivals.
Democratic presidential candidate Michael Bloomberg attends his Super Tuesday night rally in West Palm Beach, Fla., March 3, 2020.And there was never a chance to recover, the senior campaign aide tells ABC News. They had entered the race late and were chasing a truncated timeframe which ran right into Biden’s South Carolina firewall - and the coalescing of erstwhile centrist 2020 candidates around his chances.
Bloomberg now throws his full weight behind the former vice president - and it’s sizable: he has pledged his vast resources to fuel the eventual Democratic nominee. The shape of what he does for Biden, however, remains to be seen; the senior aide tells ABC News they are in the midst of working through how to best deploy his operation’s force.
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