Michael Bloomberg will not run for president in 2020, the billionaire businessman wrote in a statement posted online on Tuesday, ending months of speculation about the political future of one of the Democratic Party's top donors.
Bloomberg, the former mayor of New York, had been toying with the idea of a presidential run for months and was floated as a candidate in every presidential cycle going back to 2008. As recently as the past two months, aides to Bloomberg had been interviewing potential staffers in Iowa and New Hampshire, early contests in the Democratic primary.
But, facing a packed field of Democratic contenders, Bloomberg, 77, wrote he was "clear-eyed" about the obstacles to securing the party's nomination.
A loan estimate for an Atlanta home purchased by Lisa Cook, the Federal Reserve governor accused...
The Education Department announced Wednesday it is ending discretionary funding to multiple Minority-Serving Institutions (MSI) grant...
Zohran Mamdani continues to hold a commanding lead in the race for New York City mayor,...
The FBI has released images of a person of interest sought in connection with the fatal...
