Michael Bloomberg won't run in 2020
Michael Bloomberg is trading a 2020 campaign for an anti-coal campaign.
The billionaire businessman and former New York City mayor won't run for president in 2020, he wrote Tuesday in a Bloomberg op-ed. Instead, he says he'll focus on "doubling down on the work that I am already leading and funding," including his efforts to curb climate change and gun violence.
Bloomberg gave more than $100 million to Democrats in the 2016 midterms, and seemed to be considering a presidential run himself as he publicly re-registered with the Democratic party in October. In his Tuesday statement, Bloomberg said he "believe[s]" he "would defeat Donald Trump in a general election," and that "many people have urged me to run." But Bloomberg is "clear-eyed about the difficulty of winning the Democratic nomination in such a crowded field," he added, and decided to bow out.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Instead of spending the next two years "talking," Bloomberg said he will work with the Sierra Club to replace American coal production with "cleaner and cheaper energy." He also mentioned his continued devotion to fighting gun violence, and improving public schools and access to college, among other issues. Read Bloomberg's full statement here.
Create an account with the same email registered to your subscription to unlock access.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Kathryn is a graduate of Syracuse University, with degrees in magazine journalism and information technology, along with hours to earn another degree after working at SU's independent paper The Daily Orange. She's currently recovering from a horse addiction while living in New York City, and likes to share her extremely dry sense of humor on Twitter.
-
The toilet roll tax: UK's strange VAT rules
The Explainer 'Mysterious' and 'absurd' tax brought in £168 billion to HMRC last year
By The Week UK Published
-
Why is Tesla stumbling?
In the Spotlight More competition, confusion about the future and a giant pay package for Elon Musk
By Joel Mathis, The Week US Published
-
How Taylor Swift changed copyright negotiations in music
under the radar The success of Taylor's Version rerecordings has put new pressure on record labels
By Theara Coleman, The Week US Published
-
Puffed rice and yoga: inside the collapsed tunnel where Indian workers await rescue
Speed Read Workers trapped in collapsed tunnel are suffering from dysentery and anxiety over their rescue
By Sorcha Bradley, The Week UK Published
-
More than 2,000 dead following massive earthquake in Morocco
Speed Read
By Justin Klawans Published
-
Mexico's next president will almost certainly be its 1st female president
Speed Read
By Peter Weber Published
-
North Korea's Kim to visit Putin in eastern Russia to discuss arms sales for Ukraine war, U.S. says
Speed Read
By Peter Weber Published
-
Gabon's military leader sworn in following coup in latest African uprising
Speed Read
By Justin Klawans Published
-
Nobody seems surprised Wagner's Prigozhin died under suspicious circumstances
Speed Read
By Peter Weber Published
-
Western mountain climbers allegedly left Pakistani porter to die on K2
Speed Read
By Justin Klawans Published
-
'Circular saw blades' divide controversial Rio Grande buoys installed by Texas governor
Speed Read
By Peter Weber Published