US Election 2020: Michael Bloomberg Mulls Presidential Bid

Billionaire businessman Michael Bloomberg is strongly considering entering the race for the US Democratic Party’s presidential nomination.

The ex-New York City mayor is concerned the current field of candidates is not good enough to beat Donald Trump in the 2020 election, his spokesman says.

The 77-year-old is expected to file paperwork this week for the Democratic presidential primary in Alabama.
A total of 17 candidates are currently vying to take on President Trump.

Former Vice-President Joe Biden, Massachusetts Senator Elizabeth Warren and Vermont Senator Bernie Sanders are the Democratic frontrunners.

Some recent opinion polls have suggested that Ms. Warren and Mr. Sanders – who are regarded as to the left of Mr. Biden – might lose against Republican Mr. Trump if either won the party’s nomination.

Mr. Bloomberg’s spokesman said: “We now need to finish the job and ensure that Trump is defeated. But Mike is increasingly concerned that the current field of candidates is not well positioned to do that.”

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The politician closest to Mr. Bloomberg’s centrist outlook is Joe Biden – but his campaign appears to be fading.

Mr. Bloomberg has, I understand, been doing a lot of polling in early voting states like Iowa and New Hampshire.

This isn’t the first time that he’s eyed a run at the presidency, only to eventually decide against.

But in the past he’s ruled himself out because he thought Americans wouldn’t vote for a billionaire New York businessman. That concern no longer applies.

Mr. Bloomberg was a Wall Street banker who went on to found the financial publishing empire which bears his name. A philanthropist, he has donated millions of dollars to educational, medical and other causes.

Originally a Democrat, he became a Republican to mount a successful campaign for mayor of New York City in 2001.
He went on to serve three terms as mayor until 2012, rejoining the Democratic Party only last year.

Regarded as a moderate Democrat, he has highlighted climate change as a key issue, but he had appeared to dismiss a potential run for the presidency earlier this year.

Source: BBC


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