Ex-NYC Mayor Bloomberg won’t run for president in 2020
WASHINGTON — Michael Bloomberg, the billionaire former New York City mayor, announced Tuesday that he will not join the crowded field of Democrats running for president in 2020.
Instead, Bloomberg said he planned to focus his energy and considerable resources on outside efforts aimed at defeating President Donald Trump, as well as on combating climate change and addressing gun violence.
Bloomberg spent months weighing a White House run, travelling to early voting states and building a team of experienced political advisers. 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.
In an editorial for Bloomberg News — the media company Bloomberg owns — he said he was “clear-eyed about the difficulty of winning the Democratic nomination in such a crowded field.”