Former New York City Mayor Michael R. Bloomberg. File photo/Reuters
Former New York City Mayor Michael Bloomberg is strongly considering entering the race for the 2020 US Democratic presidential nomination, a move that could greatly disrupt the field just three months before the first nominating contests.
Bloomberg, the billionaire media mogul and philanthropist who served three terms as mayor of America’s largest city, is skeptical that any of the current crop of Democratic candidates can defeat Republican President Donald Trump in next year’s general election, a spokesman said.
“Mike is increasingly concerned that the current field of candidates is not well positioned to” beat Trump, Bloomberg spokesman Howard Wolfson said in a statement.
Bloomberg, 77, is expected to file paperwork this week to run in the Democratic presidential primary in Alabama, which has an early deadline for qualifying for the ballot. That would keep his options open for a possible White House bid, a source familiar with his thinking told Reuters.
The Democratic field, now numbering 17 candidates, has coalesced into four top contenders according to recent polls: US Senators Elizabeth Warren and Bernie Sanders, who represent the party’s progressive wing, and former Vice President Joe Biden and Mayor Pete Buttigieg, of South Bend, Indiana, representing the more moderate wing.
Bloomberg, the chief executive officer and founder of Bloomberg L.P., served as New York’s mayor from 2002 to 2013 and has been a leading advocate and philanthropist on the issues of climate change and gun violence.
“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,” Wolfson said.
“Mike would be able to take the fight to Trump and win,” Wolfson said.
Asked about Bloomberg in a Fox News Channel interview, White House spokeswoman Stephanie Grisham said Trump “has got the results to show that he’s doing great things for the American people, so it doesn’t matter who ends up running against him - the president will win.”
Bloomberg has been critical of Warren and her plan to institute a tax on the super-rich if she is elected president to fund programs ranging from universal healthcare to free college tuition. If Bloomberg were to enter the race, he would likely compete with candidates such as Biden and Buttigieg as a moderate alternative to Warren’s populist progressivism.
But he would likely face a difficult road with the liberal wing of the party concerned about corporate money in politics and income inequality in America.
Tom Steyer, a billionaire candidate from California who has made climate change a centerpiece of his campaign, has spent millions only to see his bid languish amid criticism from his rivals for trying to buy his way into the election.
“More billionaires seeking more political power surely isn’t the change America needs,” said Sanders’ campaign manager, Faiz Shakir.
Warren responded to the news of Bloomberg’s preparations by tweeting at him with a link that showed how much he would pay under her wealth tax.
Bloomberg, whom Forbes ranks as the eighth richest American with an estimated worth of $53.4 billion, would be able to largely fund his campaign himself, perhaps allowing him to ramp up his candidacy quickly. Still, he would have to build a multistate organization on the fly.
At age 77 he would be the second oldest candidate among the Democratic contenders, behind Sanders, who is 78. Biden is 76 and Warren is 70. On the Republican side, Trump is 73.
The Iowa caucuses, the first nominating contest on the Democratic primary calendar, will be held on Feb.3.
Watching Rudy Giuliani dance with disgrace as the loser president’s lawyer pressing claims of fraud in the 2020 election, I thought of a fictional attorney played by Paul Newman in the 1982 film, “The Verdict.”
A long line of voters stretches out from the main election office and into the car park here in Marietta, just north of Atlanta. At its current length, it will take around two hours for the people at the back to cast their ballots.
Former US vice president Joe Biden, the newest Democratic presidential candidate, will hit the campaign trail in earnest on Monday with a rally before union members who have been a mainstay of his and the party’s support.
At the time, Trump averaged just five false claims a day. In the past seven months, that total has risen to an average of nearly 23 every day, made at rallies, on Twitter, in speeches or in encounters with the media.
The National Centre of Meteorology (NCM) has expected the weather on Thursday will be humid over the coasts, with the possibility of light fog to form along the northern parts in the morning.
The Abu Dhabi Appellate Court upheld the Court of First Instance verdict obligating a company to pay an employee a compensation of Dhs540,000 after it broke its promise to employ him, on the basis of which the employee quit his previous work.
The Dubai Criminal Court sentenced an Asian gang of three to three months in jail, to be followed by deportation and fined them Dhs1,000 on charges of stealing two batteries from a parked truck in a sandy area in Dubai.
The murder, which took place in Blackburn, Lancashire, on May 17 last year, sparked outrage. The poor girl fell victim to a feud between two owners of car tyre companies, one of whom decided to get rid of the other by carrying out a premeditated murder.