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Mike Bloomberg announces 2020 democratic presidential campaign

Billionaire joins Democratic presidential field

FILE - In this Feb. 26, 2019, file photo, former New York City Mayor Michael Bloomberg speaks at a news conference at a gun control advocacy event in Las Vegas. Tennessees top election officials say Bloomberg has requested a petition that would require securing 2,500 signatures from registered voters in less than a month if he wants to qualify for the states Democratic presidential primary ballot. The secretary of states office confirmed Wednesday, Nov. 13, that Bloomberg requested the ballot petition earlier this week. (AP Photo/John Locher, File)
FILE - In this Feb. 26, 2019, file photo, former New York City Mayor Michael Bloomberg speaks at a news conference at a gun control advocacy event in Las Vegas. Tennessees top election officials say Bloomberg has requested a petition that would require securing 2,500 signatures from registered voters in less than a month if he wants to qualify for the states Democratic presidential primary ballot. The secretary of states office confirmed Wednesday, Nov. 13, that Bloomberg requested the ballot petition earlier this week. (AP Photo/John Locher, File) (Copyright 2019 The Associated Press. All rights reserved.)

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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