Bloomberg considering jump into 2020 Democratic presidential race

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Bloomberg is considering entering the race for the 2020 Democratic presidential nomination. More here:

WASHINGTON - Former New York City Mayor Michael Bloomberg is strongly considering entering the race for the 2020 U.S. Democratic presidential nomination, a move that could greatly disrupt the field just three months before the first nominating contests.

Bloomberg, 77, 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.FILE PHOTO: Former New York City Mayor Michael R. Bloomberg arrives at Gala Dinner on the occasion of the World Mayors Summit in Christiansborg in Copenhagen, Denmark October 10, 2019.

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. Bloomberg, whom Forbes ranks as the eighth richest American with an estimated worth of $53.4 billion, would be able to largely fund his campaign himself, perhaps allowing him to ramp up his candidacy quickly. Still, he would have to build a multistate organization on the fly.

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