Former Starbucks CEO Howard Schultz on Sunday revealed he is considering an independent presidential bid in 2020.

“I am seriously thinking of running for president,” Schultz told Scott Pelley in a pre-taped interview on CBS’s 60 Minutes“I will run as a centrist independent outside of the two-party system,” he added.

Schultz, 65, has long identified himself as a Democrat, although he blasted both major political parties for “reckless failure of their constitutional responsibility.” The ex-CEO also criticized President Donald Trump. 

“We’re living at a most fragile time,” said Schultz. “We’re living at a most fragile time,” Schultz said. “Not only the fact that this president is not qualified to be the president, but the fact that both parties are consistently not doing what’s necessary on behalf of the American people, and are engaged every single day in revenge politics.”


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Several Democrats have reportedly voiced concern already that Schultz’s independent run could swing the election to Trump in 2020 by siphoning votes from the presumptive Democratic presidential nominee, similar to the way votes for third-party candidates Gary Johnson and Jill Stein helped Trump in 2016.

“I don’t care if you’re Democrat, independent, Libertarian, Republican,” said Schultz. “Bring me your ideas, and I will be an independent person who will embrace those ideas because I am not in any way in bed with a party.”

Julian Castrothe former secretary of Housing and Urban Development under Barack Obama, told CNN’s Jake Tapper on Sunday he believes Schultz would essentially be Trump’s “best hope” at re-election if he ran for president as an independent in 2020.

“I have a concern that, if he did run, that, essentially, it would provide Donald Trump with his best hope of getting reelected,” said 44-year-old Castro, who is also considered one of the top Democratic contenders in 2020. “I don’t think that that would be in the best interest of our country.”

Castro wasn’t the only one to roast Schultz for his presidential bid announcement. Several Twitter users also went after the former Starbucks executive, using words like “crappuccino” and other coffee puns.


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