Bloomberg rethinking running for president: report
Former New York City Mayor Michael BloombergMichael BloombergEngel scrambles to fend off primary challenge from left It’s as if a Trump operative infiltrated the Democratic primary process Liberals embrace super PACs they once shunned MORE has signaled to allies that he’s considering jumping into the race for the Democratic presidential nomination if former Vice President Joe BidenJoe BidenHillicon Valley: Biden calls on Facebook to change political speech rules | Dems demand hearings after Georgia election chaos | Microsoft stops selling facial recognition tech to police Trump finalizing executive order calling on police to use ‘force with compassion’ The Hill’s Campaign Report: Biden campaign goes on offensive against Facebook MORE falters and Sen. Elizabeth WarrenElizabeth WarrenWarren, Democrats urge Trump to back down from veto threat over changing Confederate-named bases OVERNIGHT DEFENSE: Joint Chiefs chairman says he regrets participating in Trump photo-op | GOP senators back Joint Chiefs chairman who voiced regret over Trump photo-op | Senate panel approves 0B defense policy bill Trump on collision course with Congress over bases with Confederate names MORE (D-Mass.) continues to rise.
According to a CNBC report, Bloomberg told associates in recent weeks that if Biden were to drop out of the race before voting begins, he would consider launching a late run for the nomination over fears Warren would drag the party too far to the left.
While Warren has caught Biden in some national and early-state polls, the former vice president remains a top contender for the nomination.
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“I think it’s something he wants. He has not been shy about that,” an anonymous Bloomberg ally told CNBC. “Nothing can happen unless Biden drops out, and that’s not happening anytime soon.”
Bloomberg announced in March that he did not plan to run for president in the 2020 election, though there have been doubts about whether that decision was final.
Bloomberg served as mayor of New York City both as a Republican and independent, but recently registered as a Democrat. He would bring high name recognition and unlimited money into the race. Bloomberg is believed to be worth between $40 and $50 billion.
He has repeatedly flirted with running for president but has never pulled the trigger.
In 2016, Bloomberg considered running for president as an independent at a time when Sen. Bernie SandersBernie SandersThe Hill’s 12:30 Report: Milley apologizes for church photo-op Harris grapples with defund the police movement amid veep talk Biden courts younger voters — who have been a weakness MORE (I-Vt.) was giving former secretary of State Hillary ClintonHillary Diane Rodham ClintonWhite House accuses Biden of pushing ‘conspiracy theories’ with Trump election claim Biden courts younger voters — who have been a weakness Trayvon Martin’s mother Sybrina Fulton qualifies to run for county commissioner in Florida MORE a run for the Democratic nomination.
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Bloomberg passed on a presidential run when it became clear that Clinton would be the nominee, saying he did not want to risk an independent run over fears it would lead to President TrumpDonald John TrumpSenate advances public lands bill in late-night vote Warren, Democrats urge Trump to back down from veto threat over changing Confederate-named bases Esper orders ‘After Action Review’ of National Guard’s role in protests MORE getting elected.
Representatives for Bloomberg reportedly didn’t respond to multiple requests for comment from CNBC.
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