Michael Bloomberg Won't Run For President

Michael Bloomberg Michael Bloomberg nyc mayor Michael Bloomberg for 2020 president us presidential elections us presidential elections 2020 donald trump democrats

The 77-year-old former New York City mayor, one of the richest men in the world, announced his decision not to join the crowded Democratic field in a Bloomberg News editorial on Tuesday.

"I love our country too much to sit back and hope for the best as national problems get worse".

Mr. Bloomberg also expects to be heavily involved in the 2020 general election, organizing and funding opposition to Mr. Trump.

"While there would be no higher honor than serving as president, my highest obligation as a citizen is to help the country the best way I can, right now", Bloomberg said in an op-ed published by Bloomberg Opinion. Bloomberg has backed candidates who advocate for tougher gun restrictions, and during the 2018 midterms he also committed $100 million to helping flip the House and Senate.

While the effort would have supported Bloomberg's presidential bid had he ran, it will now be used to help Democrats defeat Trump.

In a column on the Bloomberg website, the ex-Republican and ex-independent claimed at some length that he had the political chops to win the Democratic nomination, brushing aside those who said he "would need to change my views to match the polls".

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

The former NY mayor won't be traipsing around Iowa. But because the 2020 Democratic field is so large, there was a chance "I might never win the Democratic nomination".

Bloomberg has flirted with a White House bid before, including weighing whether or not to run as an independent in 2008 and 2016.

The former mayor blasts President Donald Trump and reiterates that he believes Trump to be a "threat to our country", but he emphasizes that Democrats must nominate someone "who will be in the strongest position" to beat him and that the primary season can't drag Democrats to the "extreme".

"We can not allow the primary process to drag the party to an extreme that would diminish our chances in the general election and translate into "Four More Years" of Trump, Bloomberg said.

"With a leader in the White House who refuses to bring the parties together, it will be almost impossible for Congress to address the major challenges we face, including climate change, gun violence, the opioid crisis, failing public schools, and college affordability".

"Many people have urged me to run", he wrote.

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