The former New York mayor and billionaire philanthropist may have his wealth held against him, however
Michael Bloomberg. Picture: AFP/KENA BETANCURFormer New York City mayor Michael Bloomberg is strongly considering entering the race for the 2020 US Democratic presidential nomination, a move that could greatly disrupt the field just three months before the first nominating contests.
Bloomberg is expected to file paperwork this week to run in the Democratic presidential primary in Alabama, which has an early deadline for qualifying for the ballot. That would keep his options open for a possible White House bid, a source familiar with his thinking told Reuters. “If Mike runs, he would offer a new choice to Democrats built on a unique record running America’s biggest city, building a business from scratch and taking on some of America’s toughest challenges as a high-impact philanthropist,” Wolfson said. “Mike would be able to take the fight to Trump and win.”
Tom Steyer, a billionaire candidate from California who has made climate change a centerpiece of his campaign, has spent millions only to see his bid languish amid criticism from his rivals for trying to buy his way into the election. “More billionaires seeking more political power surely isn’t the change America needs,” said Sanders’ campaign manager, Faiz Shakir.
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