Michael Bloomberg decides against 2020 presidential run

Michael Bloomberg decides against 2020 presidential run

Former New York City Mayor Michael Bloomberg will not seek the Democratic nomination for US president in 2020 but will instead launch an effort aimed at combating climate change, he announced on Tuesday.

Shortly after Thanksgiving, Bloomberg's team - sensing they needed to be ready - ramped up efforts to hire staff and advisers, said Bloomberg's longtime adviser Kevin Sheekey. But as in past years when he weighed a presidential run as an independent he decided he couldn't win.

Bloomberg, who became a registered Democrat a year ago, stressed in his post that his decision not to run is not because he believes he can not defeat President Donald Trump. But aides said internal polling suggested Bloomberg's path to the Democratic nomination was narrow, particularly if Vice President Joe Biden - who shares some of Bloomberg's moderate positions - decides to run.


As for his decision not to run, Bloomberg says he recognized the slim chance of pulling out a victory among the many Democratic primary contenders-an increasingly crowded field now led by a different aging moderate with views sometimes indistinguishable from GOP orthodoxy.

He served as the 108th mayor of New York City between January 2002 and December 2013. Advisers said he concluded he could accomplish more through his political activism and philanthropic work and by focusing on such issues as gun violence, opioid addiction, and climate change.

At many stops, he blasted Trump over his immigration, environmental and economic policies. Bernie Sanders, I-Vt., have made the enormous wealth of billionaires like Bloomberg a central theme of their campaigns. He spent more than $100 million in an effort to wrest control of the Congress from the Republicans.


Former New York City Mayor Michael Bloomberg meets with the media after he toured the Paulson Electric Company in December 2018 in Cedar Rapids, Iowa.

Michael Bloomberg attends the "Paris to Pittsburgh" film screening hosted by Bloomberg Philanthropies and National Geographic at National Geographic Headquarters, Feb. 13, 2019 in Washington, DC.

It's unclear how much money Bloomberg is willing to plunge into the effort. He predicted the Green New Deal would fail to pass in the Senate, but declared that "Mother Nature does not wait on our political calendar, and neither can we".


Bloomberg and Steyer's decisions to stay out come as more 2020 Democrats denounce money in politics. Sen.

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