Michael Bloomberg Launches Presidential Campaign With Video Announcement

Former New York City Mayor Michael Bloomberg has announced that he is launching his presidential campaign in a online video posted on Sunday morning.

Bloomberg said is interested in tackling income inequality, health care, climate change, gun violence and raising taxes on the wealthy. The billionaire Bloomberg has decided to personally invest hundreds of millions of his fortune in the race.

I’m running for president to defeat Donald Trump and rebuild America.

I believe my unique set of experiences in business, government, and philanthropy will enable me to win and lead.

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— Mike Bloomberg (@MikeBloomberg) November 24, 2019

His Democratic opponents have voiced scepticism. Sen. Bernie Sanders (D-Vermont), for one, said he believes Bloomberg will not last long in the presidential race.

I’m disgusted by the idea that Michael Bloomberg or any billionaire thinks they can circumvent the political process and spend tens of millions of dollars to buy elections.

If you can’t build grassroots support for your candidacy, you have no business running for president. https://t.co/jyIBVXUToj

— Bernie Sanders (@BernieSanders) November 22, 2019