Report: Mike Bloomberg Preparing for 2020 Run Report: Mike Bloomberg Preparing for 2020 Run – NTK Network

Report: Mike Bloomberg Preparing for 2020 Run

Sources told CBS New York that the former mayor is "revving up" his a possible candidacy.

By NTK Staff | 06.26.2018 @5:00pm
Report: Mike Bloomberg Preparing for 2020 Run

According to a report from CBS New York, former New York Mayor Michael Bloomberg is moving closer to a 2020 presidential run as the United States nears its midterm elections.

Sources told CBS’s Marcia Kramer that the mayor would run in 2020 as a Democrat, after spending much of his political life as an independent.

As CBS points out, the billionaire is planning on spending $80 million in support of Democrats in the run up to the midterms:

Political consultants point out the 76-year-old is making a number of key moves, including spending $80 million to help Democrats win Congressional races and collecting a lot of political IOUs in the process. But, they also say it could be an uphill battle because of his liberal policies.

Bloomberg has flirted with a presidential run in the past, with some speculating in 2016 that he would have jumped into the election as an Independent if Sen. Bernie Sanders (I-VT) had won the Democratic nomination.

He would be 78 years-old on Election Day, 2020.

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