Michael Bloomberg, unhappy with current presidential field, is filing for a run for president.
"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," Wolfson said in a statement to NBC News."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.
Bloomberg's wealth would allow him to compete without having to worry about the fundraising challenges faced by other candidates. But if he were to formally launch a presidential bid, it would almost certainly be a target for progressive rivals such as Sens. Bernie Sanders, I-Vt., and Elizabeth Warren, D-Mass., who have been running populist campaigns that argue the rich should be paying more to underwrite programs for the rest.
Shortly after the news broke, Sanders tweeted simply:"The billionaire class is scared and they should be scared," though he did not clarify whether he was speaking about Bloomberg specifically. Asked directly about a potential Bloomberg campaign, Sanders campaign manager Faiz Shakir said that"more billionaires seeking more political power surely isn't the change America needs.
Bloomberg, one of the wealthiest men in the world and a popular three-term mayor of New York, has flirted with running for president before. But, after exploring a bid earlier this year, he"I believe I would defeat Donald Trump in a general election," he wrote in an opinion column for the Bloomberg news service at the time."But I am clear-eyed about the difficulty of winning the Democratic nomination in such a crowded field.
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