Bloomberg considering jumping into 2020 Democratic presidential race

epa07980255 (FILE) Founder of Bloomberg L.P. and Bloomberg Philanthropies, WHO Global Ambassador for Noncommunicable Diseases, and UN Special Envoy for Climate Action Michael Bloomberg delivers remarks at a one on one conversation with IMF Managing Director Christine Lagarde during the 2018 World Bank Group IMF Spring Meetings at IMF Headquarters in Washington, DC, USA, 19 April 2018 (reissued 07 November 2019). According to media reports on 07 November 2019 Former New York City Mayor Michael Bloomberg is preparing to enter the Democratic presidential primary. EPA-EFE/SHAWN THEW

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

Bloomberg, the billionaire media mogul and philanthropist who served three terms as mayor of America’s largest city, is sceptical that any of the current crop of Democratic candidates can defeat Republican President Donald Trump in next year’s general election, a spokesman said.

“Mike is increasingly concerned that the current field of candidates is not well positioned to” beat Trump, Bloomberg spokesman Howard Wolfson said in a statement.

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.

The Democratic field, now numbering 17 candidates, has coalesced into four top contenders according to recent polls: U.S. Senators Elizabeth Warren and Bernie Sanders, who represent the party’s progressive wing, and former Vice President Joe Biden and Mayor Pete Buttigieg, of South Bend, Indiana, representing the more moderate wing.

Via Reuters

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