Michael Bloomberg re-registers with Democrats eyeing 2020 presidential bid

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Michael Bloomberg has re-registered as a member of the Democratic Party, because the billionaire weighs up a 2020 presidential marketing campaign. 

The previous New York mayor — who was elected in his house state as a Republican, and was additionally beforehand registered as an unbiased — wrote in an announcement, “We want Democrats to supply the checks and steadiness our nation so badly wants”. 

“At key factors in US historical past on of the 2 events has served as a bulwark in opposition to those that threaten our Structure,” Mr Bloomberg wrote in his Instagram publish. “Two years in the past on the Democratic Conference, I warned of these threats”. 

He added, “As we speak, I’ve re-registered as a Democrat – I had been a member for many of my life – as a result of we want Democrats to supply the checks and steadiness our nation so badly wants.“

Mr Bloomberg additionally uploaded a photograph to Twitter displaying the voter registration kind he used to re-register with the Democratic Social gathering. 


The transfer is simply the most recent present of help the popular billionaire has given to the Democratic Social gathering with lower than 30 days till the essential midterm elections. 

He’s been spending tens of millions of {dollars} to help Democratic races throughout the nation in key swing districts, funnelling sources to a number of Democratic candidates by way of an excellent PAC primarily funded by Mr Bloomberg. His web price is estimated to be over $48bn.

The 76-year-old has pledged to take a position $80m in Democratic congressional races this yr, together with $20m to a senatorial-focused tremendous PAC. 

It stays unclear how Mr Bloomberg would fare in a 2020 race, because the Democratic Social gathering sees a wave of progressive candidates overthrowing longtime congressional incumbents. Mr Bloomberg lately criticised liberals for his or her supposed opposition to strict regulatory pointers on huge banks and companies, and has defended “cease and frisk” measures carried out in New York beneath his management.

He’s repeatedly hinted at working in 2020 as a Democrat, saying in September, “I don’t see how you can doable run as a Republican.” 

In 2016, the previous mayor thought-about launching an unbiased bid for president, however as a substitute endorsed Hillary Clinton. If he chooses to run in 2020, this is able to mark Mr Bloomberg’s first Democratic marketing campaign. 

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