Another youngster considers jumping in.
https://www.cnbc.com/2019/10/14/bloombe ... arren.html
Mike Bloomberg keeps talking to allies about running for president as Joe Biden struggles against Elizabeth Warren
PUBLISHED 3 HOURS AGO UPDATED AN HOUR AGO
Brian Schwartz @SCHWARTZBCNBC
Mike Bloomberg has indicated to associates in recent weeks that Joe Biden’s recent struggles are making him rethink his decision to stay out of the 2020 Democratic primary, according to people familiar with the discussions. “Bloomberg is in if Biden is out,” says one source. Biden has not indicated any desire to drop out any time soon. Bloomberg could be in for a showdown with Elizabeth Warren, whether he runs or not, as he has been one of her biggest critics on the Democratic side. Bloomberg, the billionaire former mayor of New York, has indicated to associates in recent weeks that Joe Biden’s recent struggles against Sen. Elizabeth Warren are making him rethink his decision to stay out of the 2020 Democratic primary. That’s according to people familiar with the discussions who spoke on condition of anonymity because the conversations were deemed private.
Bloomberg has signaled he’s “still looking at” running for president, but people close him say that the only way he could even go down that path is if Biden’s fortunes suffer so much that he drops out before or during the early stages of the primary. Bloomberg could then enter the race as one of the rare moderates with enough name recognition and campaign funding to make a run. Forbes estimates his net worth at $51 billion, and he was planning to spend over $100 million on a campaign for president if he ran. “I think it’s something he wants. He has not been shy about that,” one of Bloomberg’s allies familiar with the talks told CNBC. “Nothing can happen unless Biden drops out, and that’s not happening anytime soon,” this person added. “He’s like everyone else. They can’t get it out of their system,” said a banking executive who has known Bloomberg for decades. “Bloomberg is in if Biden is out,” said another New York billionaire with ties to Bloomberg.
During his three terms as mayor, Bloomberg was a Republican and an independent. He registered as a Democrat again one month before the party’s triumph in the 2018 midterm congressional elections, during which Bloomberg was a big donor. He has said he would run as a Democrat if he pursued the White House this time. Axios reported in April that Bloomberg might still run for president, despite his announcement a month earlier. Fox Business reported in September that he still has a team of political advisors and has kept the door open to running in 2020.
Bloomberg, who is 77, considered running in the 2016 election, but announced he wouldn’t do it. He eventually endorsed Democrat Hillary Clinton in the race. Before that, there was speculation he would run in 2012, but he declined and eventually backed President Barack Obama. Representatives for Bloomberg did not respond to repeated requests for comment after several days of outreach. A spokesperson for the Biden campaign did not return a request for comment.
Bloomberg has had his run-ins with Warren, setting up a possible battle between the two, regardless of whether he enters the race. During a recent forum hosted by Everytown for Gun Safety, a group Bloomberg founded and continues to financially support, the former New York mayor seemed to take a swipe at her anti-corporate policies. “I just said to Senator Warren on the way out, ‘Senator, congratulations, it’s a nice talk. But let me just remind you if my company hadn’t been successful, we wouldn’t be here today, so enough with this stuff,’” he said. In January, when he was considering a run for president, he took a shot at Warren’s wealth tax proposal, calling it unconstitutional. “It’s called Venezuela,” he said at the time.