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.
-
Silk Roads at The British Museum: a 'mesmerising' exhibition
The Week Recommends 'Epic' show explores the many routes connecting East and West, through a collection of 'beautiful, unusual, intricate' treasures
By The Week UK Published
-
The week's best photos
In Pictures A hurricane's aftermath, a marching parade, and more
By Anahi Valenzuela, The Week US Published
-
Sarah Moss picks her favourite books
The Week Recommends The author shares works by Virginia Woolf, Dorothy Wordsworth and Ross Gay
By The Week UK 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
-
Los Angeles city workers stage 1-day walkout over labor conditions
Speed Read
By Justin Klawans Published
-
Mega Millions jackpot climbs to an estimated $1.55 billion
Speed Read
By Catherine Garcia Published
-
Bangladesh dealing with worst dengue fever outbreak on record
Speed Read
By Catherine Garcia Published
-
Glacial outburst flooding in Juneau destroys homes
Speed Read
By Catherine Garcia Published
-
Scotland seeking 'monster hunters' to search for fabled Loch Ness creature
Speed Read
By Justin Klawans Published