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.
The Department of Justice has filed lawsuits against four more states as part of the Trump...
The Trump administration is proposing new rules that would further tighten its grip on who's allowed...
A federal judge ordered the Justice Department on Friday to return data it seized and obtained...
President Donald Trump was sued on Friday by preservationists seeking an architecture review and congressional approval...
