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Tipsheet

Michael Bloomberg Is Preparing To Enter The Democratic Presidential Race

AP Photo/Carolyn Kaster

Former New York City Mayor Michael Bloomberg is preparing to enter the 2020 Democrat presidential primary race, according to The New York Times 

It was previously reported that the left-wing billionaire had been mulling a run for the White House, rethinking an earlier decision not to enter the race. CNBC reports that Bloomberg has reconsidered the decision in light of former Vice President Joe Biden's recent struggles against Massachusetts Senator Elizabeth Warren.

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(Via The New York Times)

Michael R. Bloomberg is actively preparing to enter the Democratic presidential primary and is expected to file paperwork this week designating himself as a candidate in at least one state with an early filing deadline, people briefed on Mr. Bloomberg’s plans said.

Mr. Bloomberg, the former New York City mayor and billionaire businessman, has been privately weighing a bid for the White House for weeks and has not yet made a final decision on whether to run, an adviser said. But in the first sign that he is seriously moving toward a campaign, Mr. Bloomberg has dispatched staffers to Alabama to gather signatures to qualify for the primary there. Though Alabama does not hold an early primary, it has a Friday deadline for candidates to formally enter the race.

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