Michael Bloomberg Is One Step Closer to Entering the 2020 Presidential Race

reports, it “was a step toward running for president, following several state ballot registrations, but not an official announcement or public signal that he had made a final decision.”reported that Bloomberg was laying the groundwork for a campaign, being “expected to file paperwork this week in at least one state with an early deadline.

Bloomberg has ridiculously deep pockets—he is worth upwards of $50 billion—and a frank confidence: He gave an excellent speech at the 2016 Democratic convention in which he said, “I’m a New Yorker, and New Yorkers know a con when we see one! […] Truth be told, the richest thing about Donald Trump is his hypocrisy.”

Could Bloomberg really be the Democrats’ secret weapon, the best one to best Trump? And what will the electorate make of the potential Battle of the Rich Old White Guys? Bloomberg, an erstwhile Republican who switched his party affiliation last year, will no doubt situate himself in the lane currently occupied by Joe Biden—a moderate who promises to restore sanity to our political process, if little else.

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