Mike Bloomberg announces 2020 democratic presidential campaign

Billionaire joins Democratic presidential field

NEW YORK – On Sunday, former New York Mayor and Democrat Michael R. Bloomberg announced he is running for president.

“I’m running for president to defeat Donald Trump and rebuild America. We cannot afford four more years of President Trump’s reckless and unethical actions. He represents an existential threat to our country and our values. If he wins another term in office, we may never recover from the damage. The stakes could not be higher. We must win this election. And we must begin rebuilding America. I believe my unique set of experiences in business, government, and philanthropy will enable me to win and lead,” Bloomberg said in a statement.

Bloomberg, 77, is a billionaire and former Republican.


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