Michael Bloomberg announced Sunday he
is running for president, bringing a narrow following but boundless bank
account to the crowded Democratic primary.
The 77-year-old former New York City
mayor, positioning himself as a centrist alternative to Joe Biden,
launched his candidacy in an online video that is part personal story,
part attack on President Donald Trump.
Michael Bloomberg
announced Sunday he is running for president, bringing a narrow
following but boundless bank account to the crowded Democratic primary.
The 77-year-old former New York City
mayor, positioning himself as a centrist alternative to Joe Biden,
launched his candidacy in an online video that is part personal story,
part attack on President Donald Trump.
“I’m running for
president to defeat Donald Trump and rebuild America. We cannot afford
four more years of President Trump’s reckless and unethical actions. He
represents an existential threat to our country and our values,”
Bloomberg declared in a statement Sunday. “If he wins another term in
office, we may never recover from the damage.”
The former mayor, who is worth an estimated $54.1 billion,
plans to forgo competing in early voting states and instead focus his
resources on Super Tuesday, when 15 states head to the polls March 3.
His aides believe the strategy will help him lay claim to delegate-rich
territory that has been somewhat overlooked as the top-tier candidates
focus their energies in Iowa, New Hampshire, South Carolina and Nevada.
Bloomberg's presidential quest is a hedge for his business.
And to his campaign rivals, this is an extension of his "philanthropy"
Huffington Post
The head of Bloomberg News, John Micklethwait, said the policy not to investigate will be extended to other candidates in the Democratic primary.
Huffington Post
In a memo to staff, the editor-in-chief of Bloomberg News told the newsroom that the publication will continue its “tradition of not investigating” its CEO and namesake, Michael Bloomberg, or his family and foundations after he declared his candidacy for president on Sunday.
The head of Bloomberg News, John Micklethwait, said the policy not to investigate will be extended to other candidates in the Democratic primary.

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