Michael Bloomberg Won't Run for President in 2020 - NBC New York
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Michael Bloomberg Won't Run for President in 2020

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    Bloomberg Not Running for President

    Michael Bloomberg has announced he won't run for president in 2020. Melissa Russo reports.

    (Published Wednesday, March 6, 2019)

    What to Know

    • Michael Bloomberg is not running for president.

    • The former NYC mayor, one of the richest men in the world, announced his decision not to join the crowded Democratic field on Tuesday

    • Bloomberg is expected to play an active role in the 2020 election from the outside

    Former New York City Mayor Michael Bloomberg says he won't run for president in 2020, but will instead launch a new campaign called Beyond Carbon to continue advancing the causes he's already invested in.

    In an editorial on Bloomberg.com, Bloomberg said many people have encouraged him to run and he has in fact thought about a possible presidential campaign.

    "I know what it takes to run a winning campaign, and every day when I read the news, I grow more frustrated by the incompetence in the Oval Office," wrote Bloomberg. "I know we can do better as a country. And I believe I would defeat Donald Trump in a general election. But I am clear-eyed about the difficulty of winning the Democratic nomination in such a crowded field." 

    Bloomberg has flirted with a presidential run before, but as an independent. He registered as a Democrat last fall and spent recent months courting primary voters as a political centrist. But as an older white man with strong ties to Wall Street, he likely would have struggled to win over the Democratic Party's energized liberal base that's increasingly embracing diversity.

    Bloomberg Makes Potential Move Toward 2020 Run

    [NY] Bloomberg Makes Potential Move Toward 2020 Run
    Former New York City Mayor Michael Bloomberg's team has made inquiries about substantial office space amid speculation he could be making a run for president, a real estate industry source told News 4 New York. Meanwhile, the field of Democratic hopefuls vying for the 2020 White House nomination is growing even more crowded. Andrew Siff reports.
    (Published Friday, March 1, 2019)

    Now Bloomberg said he believes he can effect more change by marshaling resources and organizing the initiatives he believes in. 

    "I’ve come to realize that I’m less interested in talking than doing. 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," he wrote. 

    As part of that, Bloomberg plans to launch a grassroots effort called Beyond Carbon to begin moving America as a quickly as possible away from oil and gas and toward a 100 percent clean energy economy. He also wants to continue tackling gun violence, he said. 

    "Washington is unlikely to take effective action over the next two years," he wrote. "Progress depends entirely on the rest of us." 

    To that end, he said, he'll be supporting candidates who show leadership on the issues of climate change, gun violence, education, health, voting rights and other issues. 

    He also encouraged Democrats to unify behind a nominee who could beat Trump, a not-so-subtle dig against candidates pushing the party to embrace liberal priorities such as "Medicare-for-all."

    Bloomberg Makes Big Investment in 2020 Race

    [NY] Bloomberg Makes Big Investment in 2020 Race

    Former mayor Mike Bloomberg is prepared to spend $500 million in the 2020 presidential race, whether or not he decides to run. Melissa Russo reports.

    (Published Wednesday, Feb. 13, 2019)

    "It's essential that we nominate a Democrat who will be in the strongest position to defeat Donald Trump and bring our country back together," he wrote. "We cannot allow the primary process to drag the party to an extreme that would diminish our chances in the general election and translate into 'Four More Years.'"

    Bloomberg invested more than $100 million to help Democrats in the 2018 midterm election; his team has quietly been preparing a data-driven effort to go much further in 2020. While the effort would have supported Bloomberg's presidential bid had he ran, it will now be used to help Democrats defeat Trump. 

    "I hope those who have urged me to run, and to stand up for the values and principles that they hold dear, will understand that my decision was guided by one question: How can I best serve the country?" he wrote.

    Current and Former Diplomats to Testify in Impeachment Inquiry

    [NATL] Current and Former Diplomats to Testify in Impeachment Inquiry

    Fiona Hill, President Trump's former top adviser on Russia and Europe, and European Ambassador Gordon Sondland will appear before Congress this week to testify on efforts to pressure Ukraine to investigate Joe and Hunter Biden. NBC's Tracie Potts reports.

    (Published Monday, Oct. 14, 2019)

    "While there would be no higher honor than serving as president, my highest obligation as a citizen is to help the country the best way I can, right now."

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