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Former New York City Mayor Michael Bloomberg Expected to Run for President

10 November 2019

Bloomberg, 77, has told associates that he intends to run, and if he backed away from the race now it would represent an abrupt reversal that would recall his past flirtations with a presidential bid.

The billionaire media mogul, who has not formally confirmed his candidacy, submitted on Friday the documents to meet Alabama's filing deadline.

"I think he's the most substantive candidate in the field and I think that he offers a unique approach both to the Democratic primary and ultimately, the election", Schoen said while appearing on "America's News HQ".

Bloomberg's moves come as the Democratic race enters a crucial phase.

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"I welcome in the race".

The Iowa caucuses, the first nominating contest on the Democratic primary calendar, will be held on February 3. Elizabeth Warren and Bernie Sanders are too liberal to win the general election.

Bloomberg, a Republican-turned-Independent who registered as a Democrat a year ago, has flirted with a presidential run before but ultimately backed down, including in 2016. Still, I would have to build a multi-state organization on the go. He endorsed Hillary Clinton in that race and, in a speech at the Democratic Party convention, pummeled Trump as a con who has oversold his business successes.

Mr Bloomberg plans to skip early voting states like Iowa and New Hampshire if he launches a presidential bid and instead focus his efforts on the crush of states that vote on Super Tuesday and beyond.

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What viewpoint or skill set is missing from the field that Bloomberg possesses - other than the ability to annoy fellow New Yorker Trump, who is worth a pittance (even by his own exaggerated estimate) compared to Bloomberg, who is reportedly worth $52 billion?

Bloomberg has been critical of Warren and her plan to institute a tax on the super-rich if she is elected as president to fund programmes ranging from universal healthcare to free college tuition.

President Donald Trump is responding to a possible run by former New York City Mayor Michael Bloomberg for the Democratic presidential nomination, saying "There is nobody" he'd "rather run against". One Democrat Bloomberg hasn't spoken to as he's reconsidered his run is former president Barack Obama.

It is also understood that he does not see the two leading liberals in the race, Elizabeth Warren a senator in MA and Bernie Sanders a Vermont senator, as potential winners against Trump. He has defended the New York Police Department's use of the controversial stop-and-frisk policy that has been criticized as targeting African Americans and Hispanics. In fact, that deadline is today, which is why, as the New York Times' report put it, Bloomberg is "expected to file paperwork this week designating himself as a candidate in at least one state".

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Presented with Mr Bloomberg as a hypothetical entrant into the primary, 32 per cent of Democratic primary voters said they would never vote for him and 6 per cent of Democratic primary voters said they would definitely support him. Instead, his team will focus exclusively on Super Tuesday, where voters in 15 states and overseas cast their primary votes.

Former New York City Mayor Michael Bloomberg Expected to Run for President