Jun 22, 2018 - Politics & Policy

Everyone wants a piece of Mike Bloomberg's election money

Mike Bloomberg smiles on stage

Michael Bloomberg on stage at The Robin Hood Foundation's 2018 benefit. Photo: Kevin Mazur/Getty Images for Robin Hood

The lobbying has started for the $80 million Michael Bloomberg plans to spend for House Democrats in the midterms.

What to watch: Rep. Seth Moulton (D-Mass.), a possible 2020 presidential candidate, wants it to go to military veterans who are running, reports the Boston Globe's Liz Goodwin.

  • "Moulton has contributed $1.9 million to nearly two dozen Democratic candidates with a military background whom he’s endorsed in the 2018 midterm cycle. ... He’s personally recruited several of them."
  • Bloomberg strategist Howard Wolfson told The Globe the recipients are still being determined, but will include at least some of Moulton's team.
  • Why it matters: "A vocal critic of House Democratic leader Nancy Pelosi, Moulton has raised his profile within the party by pushing for a 'new generation' of leadership and by recruiting and funding centrist, fresh-faced candidates to run in moderate and even red-leaning districts."
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