Michael Bloomberg rejoins Democrats, considers bid for 2020
Michael Bloomberg rejoins Democrats, considers bid for 2020
Michael Bloomberg in London 2018. Tim P. Whitby Getty
13 October, 2018, 11:30
Bloomberg, the billionaire former mayor of NY, announced Wednesday that he has registered as a Democrat, a move certain to stoke further speculation about whether he intends to run for president in 2020.
The Jewish billionaire businessman and three-term NY mayor made the announcement early Wednesday morning in a post on Instagram. Today, he released a picture of himself filling out his registration form and warning about threats to the Constitution that require checks and balances.
Bloomberg says, "At key points in US history, one of the two parties has served as a bulwark against those who threaten our Constitution".
While in City Hall in New York, Bloomberg was mentioned as a possible presidential candidate in 2004 and 2008.
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In New York, Bloomberg ran as a Republican in 2001 and 2005, and was elected in 2009 to his last term as an Independent candidate on the Republican ballot line.
He has entertained the idea of a presidential run before but never generated enough traction to establish himself as the kind of outsize political force his fellow NY billionaire has become. "You got my vote if you run for president, we need someone like you!" another person wrote.
Bloomberg, who founded the media and financial data company of the same name, has considered running for the top job in the past.
Bloomberg has thrown money and support behind Democrats and is attacking Republicans on abortion and gun policies.
The idea now, of course, is that Bloomberg will run for president in 2020, and that he'll do so as a Democrat. He has vowed to spend at least $100 million - $80 million on House races and $20 million on Senate races.
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