Michael Bloomberg mulls presidential run

Michael Bloomberg mulls presidential run

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Billionaire businessman Michael Bloomberg is reportedly seriously considering running for the Democratic Party's presidential nomination.

The story: A spokesman for Bloomberg said the former New York City mayor plans to file the paperwork to be added to the Democratic primary ballot in Alabama this week, CNN reports. But despite considering filing the necessary paperwork in Alabama, the spokesperson said Bloomberg has yet to make a final decision on a White House bid.

The Alabama Democratic primary election is on March 3, and the deadline for candidates to file the paperwork in order to get on the Democratic ballot is Friday.

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"We now need to finish the job and ensure that Trump is defeated — but Mike is increasingly concerned that the current field of candidates is not well-positioned to do that," said longtime Bloomberg aide Howard Wolfson in an emailed statement, according to Politico. "If Mike runs he would offer a new choice to Democrats built on a unique record running America’s biggest city, building a business from scratch and taking on some of America’s toughest challenges as a high-impact philanthropist."

"Based on his record of accomplishment, leadership and his ability to bring people together to drive change, Mike would be able to take the fight to Trump and win," Wolfson said.

This comes after Bloomberg declared in March that he would not run for the presidency, writing in an opinion piece for Bloomberg: "As I've thought about a possible presidential campaign, the choice before me has become clear. Should I devote the next two years to talking about my ideas and record, knowing that I might never win the Democratic nomination? Or should I spend the next two years doubling down on the work that I am already leading and funding, and that I know can produce real and beneficial results for the country, right now? I've come to realize that I'm less interested in talking than doing."

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"I believe I would defeat Donald Trump in a general election," Bloomberg wrote. "But I am clear-eyed about the difficulty of winning the Democratic nomination in such a crowded field. And I have concluded that, for now, the best way for me to help our country is by rolling up my sleeves and continuing to get work done."

There are a total of 17 Democratic candidates competing for the Democratic nomination, with former Vice President Joe Biden, and Sens. Elizabeth Warren and Bernie Sanders being the top contenders.

"He certainly disagrees with a lot of what she's put out there," said Bloomberg's spokesman, referring to Warren. "But he thinks she's smart and has put a lot of thought into her policies."

A former Bloomberg adviser said on Thursday: "He's tired of being the almost-ran. Mortality is weighing heavily on him. This is the last time that he can run."

According to a March CNN/Des Moines Register survey, Bloomberg was one of the least popular candidates considering a bid for the White House, with just 27% of likely Democratic voters viewing him favorably, against 38% who held an unfavorable view of the billionaire.

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