Michael Bloomberg

Bloomberg takes first step in running for president

The former Republican NYC mayor filed to get on a Democratic presidential primary ballot.

Michael Bloomberg

Michael Bloomberg LEE SNIDER PHOTO IMAGES / Shutterstock.com

Michael Bloomberg, the former mayor of New York City, plans to file paperwork to get on the Democratic presidential primary ballot in Alabama – a first step toward running for the White House, according to reports Thursday evening in the New York Post and The New York Times

Bloomberg has flirted with running for president time and time again, but he’s never launched a campaign before. Bloomberg seemed to have already finished his quadrennial ritual, floating a 2020 campaign last year, then publicly announcing in March of this year that he wouldn’t be running. But U.S. Sen. Elizabeth Warren’s rise in the polls – the staunch economic progressive, who advocates higher taxes on wealthy Americans like Bloomberg, is now essentially tied with former Vice President Joe Biden for the lead – reportedly inspired him to reconsider.

Why Alabama? The Deep South state seems like an unlikely target for the Northeastern billionaire, but Alabama has an early deadline, on Friday, for presidential candidates to get their names on the Democratic primary ballot. If Bloomberg, 77, is even considering a run, he had to get petitioners on the ground in Alabama to keep a potential run possible.

According to the Times, “Mr. Bloomberg called a number of prominent Democrats on Thursday to tell them he was seriously considering the race, including former Senator Harry Reid of Nevada, the retired majority leader who remains a dominant power broker in the early caucus state.”

The list of Bloomberg’s political assets – near-limitless wealth, name recognition and potential appeal to independents and moderate Republicans in states with open primaries – would seem to be far outweighed by his liabilities among Democratic voters. While Warren and Sen. Bernie Sanders, who is in third place in national polling averages, call for redressing the nation’s yawning income and wealth gap, Bloomberg’s money and pro-capitalism politics make him an obvious foil. The son of suburban Boston made his fortune on Wall Street and by launching a company that sells expensive information services to financial firms. He lives in a luxurious townhouse steps from Central Park – when he’s not riding his private jet to his vacation home in Bermuda. He also lured the 2004 Republican National Convention to New York City, where he delivered fulsome praise for then-President George W. Bush from the podium – and he kept protesters at bay with aggressive tactics for which the city had to later settle a lawsuit. During his tenure, stop-and-frisks and arrests for smoking marijuana, both of which overwhelmingly targeted black and Latino New Yorkers, skyrocketed. 

Moreover, the former three-term mayor only recently rejoined the Democratic Party and would seem to lack the grassroots support and infrastructure the other candidates have been building a nearly a year. And the race already has a white male billionaire spending gobs of his own money, so far with little success: Tom Steyer. 

On the other hand, Bloomberg has a dedicated cadre of experienced top-flight political talent ready to go work for him – he reportedly pays top dollar – and a reputation for managerial acumen, whether running his highly successful eponymous company, the nation’s largest city, or a political campaign. 

Bloomberg has pulled off the politically near-impossible before, winning three straight terms as mayor of an overwhelmingly Democratic city without ever having run for office before, but a campaign for president would be his most challenging bet yet. 

Bloomberg himself has been silent on the run as of late, and his longtime spokesman, Stu Loeser, did not immediately respond to a request for comment. 

It still remains possible, of course, for Bloomberg to back out.

X
This website uses cookies to enhance user experience and to analyze performance and traffic on our website. We also share information about your use of our site with our social media, advertising and analytics partners. Learn More / Do Not Sell My Personal Information
Accept Cookies
X
Cookie Preferences Cookie List

Do Not Sell My Personal Information

When you visit our website, we store cookies on your browser to collect information. The information collected might relate to you, your preferences or your device, and is mostly used to make the site work as you expect it to and to provide a more personalized web experience. However, you can choose not to allow certain types of cookies, which may impact your experience of the site and the services we are able to offer. Click on the different category headings to find out more and change our default settings according to your preference. You cannot opt-out of our First Party Strictly Necessary Cookies as they are deployed in order to ensure the proper functioning of our website (such as prompting the cookie banner and remembering your settings, to log into your account, to redirect you when you log out, etc.). For more information about the First and Third Party Cookies used please follow this link.

Allow All Cookies

Manage Consent Preferences

Strictly Necessary Cookies - Always Active

We do not allow you to opt-out of our certain cookies, as they are necessary to ensure the proper functioning of our website (such as prompting our cookie banner and remembering your privacy choices) and/or to monitor site performance. These cookies are not used in a way that constitutes a “sale” of your data under the CCPA. You can set your browser to block or alert you about these cookies, but some parts of the site will not work as intended if you do so. You can usually find these settings in the Options or Preferences menu of your browser. Visit www.allaboutcookies.org to learn more.

Sale of Personal Data, Targeting & Social Media Cookies

Under the California Consumer Privacy Act, you have the right to opt-out of the sale of your personal information to third parties. These cookies collect information for analytics and to personalize your experience with targeted ads. You may exercise your right to opt out of the sale of personal information by using this toggle switch. If you opt out we will not be able to offer you personalised ads and will not hand over your personal information to any third parties. Additionally, you may contact our legal department for further clarification about your rights as a California consumer by using this Exercise My Rights link

If you have enabled privacy controls on your browser (such as a plugin), we have to take that as a valid request to opt-out. Therefore we would not be able to track your activity through the web. This may affect our ability to personalize ads according to your preferences.

Targeting cookies may be set through our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites. They do not store directly personal information, but are based on uniquely identifying your browser and internet device. If you do not allow these cookies, you will experience less targeted advertising.

Social media cookies are set by a range of social media services that we have added to the site to enable you to share our content with your friends and networks. They are capable of tracking your browser across other sites and building up a profile of your interests. This may impact the content and messages you see on other websites you visit. If you do not allow these cookies you may not be able to use or see these sharing tools.

If you want to opt out of all of our lead reports and lists, please submit a privacy request at our Do Not Sell page.

Save Settings
Cookie Preferences Cookie List

Cookie List

A cookie is a small piece of data (text file) that a website – when visited by a user – asks your browser to store on your device in order to remember information about you, such as your language preference or login information. Those cookies are set by us and called first-party cookies. We also use third-party cookies – which are cookies from a domain different than the domain of the website you are visiting – for our advertising and marketing efforts. More specifically, we use cookies and other tracking technologies for the following purposes:

Strictly Necessary Cookies

We do not allow you to opt-out of our certain cookies, as they are necessary to ensure the proper functioning of our website (such as prompting our cookie banner and remembering your privacy choices) and/or to monitor site performance. These cookies are not used in a way that constitutes a “sale” of your data under the CCPA. You can set your browser to block or alert you about these cookies, but some parts of the site will not work as intended if you do so. You can usually find these settings in the Options or Preferences menu of your browser. Visit www.allaboutcookies.org to learn more.

Functional Cookies

We do not allow you to opt-out of our certain cookies, as they are necessary to ensure the proper functioning of our website (such as prompting our cookie banner and remembering your privacy choices) and/or to monitor site performance. These cookies are not used in a way that constitutes a “sale” of your data under the CCPA. You can set your browser to block or alert you about these cookies, but some parts of the site will not work as intended if you do so. You can usually find these settings in the Options or Preferences menu of your browser. Visit www.allaboutcookies.org to learn more.

Performance Cookies

We do not allow you to opt-out of our certain cookies, as they are necessary to ensure the proper functioning of our website (such as prompting our cookie banner and remembering your privacy choices) and/or to monitor site performance. These cookies are not used in a way that constitutes a “sale” of your data under the CCPA. You can set your browser to block or alert you about these cookies, but some parts of the site will not work as intended if you do so. You can usually find these settings in the Options or Preferences menu of your browser. Visit www.allaboutcookies.org to learn more.

Sale of Personal Data

We also use cookies to personalize your experience on our websites, including by determining the most relevant content and advertisements to show you, and to monitor site traffic and performance, so that we may improve our websites and your experience. You may opt out of our use of such cookies (and the associated “sale” of your Personal Information) by using this toggle switch. You will still see some advertising, regardless of your selection. Because we do not track you across different devices, browsers and GEMG properties, your selection will take effect only on this browser, this device and this website.

Social Media Cookies

We also use cookies to personalize your experience on our websites, including by determining the most relevant content and advertisements to show you, and to monitor site traffic and performance, so that we may improve our websites and your experience. You may opt out of our use of such cookies (and the associated “sale” of your Personal Information) by using this toggle switch. You will still see some advertising, regardless of your selection. Because we do not track you across different devices, browsers and GEMG properties, your selection will take effect only on this browser, this device and this website.

Targeting Cookies

We also use cookies to personalize your experience on our websites, including by determining the most relevant content and advertisements to show you, and to monitor site traffic and performance, so that we may improve our websites and your experience. You may opt out of our use of such cookies (and the associated “sale” of your Personal Information) by using this toggle switch. You will still see some advertising, regardless of your selection. Because we do not track you across different devices, browsers and GEMG properties, your selection will take effect only on this browser, this device and this website.