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Michael Bloomberg. Photo: Roy Rochlin/Getty Images

Michael Bloomberg officially filed paperwork on Friday to enter the 2020 presidential primary in Alabama, though remains undecided on whether he will ultimately run, the New York Times reports.

Why it matters: The billionaire and well-connected moderate could pose a "grave and instantaneous threat" to Joe Biden, who is struggling to fundraise and has faced questions about his sharpness, per the Times.

The big picture: Bloomberg has been a long-standing "maybe" in the crowded Democratic field. But filing is a notable step, as is dispatching staff to Alabama to gather signatures for him to qualify for the ballot.

  • Alabama does not have an early primary, but the deadline to file for its ballot is Friday.
  • According to Alabama Democratic Party, Bloomberg also qualified for the Alabama primary Friday afternoon, per the Time

What they're saying: Bloomberg Foundation aide and Democratic political strategist Howard Wolfson posted on Twitter: "Mike believes that Donald Trump represents an unprecedented threat to our nation. In 2016, he spoke out at the Democratic Convention, warning against a Trump presidency."

  • "If Mike runs he would offer a new choice to Democrats built on a unique record running America’s biggest city, building a business from scratch and taking on some of America’s toughest challenges as a high-impact philanthropist," Wolfson added.

Go deeper:

Go deeper

Dan Primack, author of Pro Rata
54 mins ago - Podcasts

Net neutrality on the line under Biden

Federal net neutrality rules are back on the table in the Biden administration, after being nixed by Trump, but now might be complicated by the debate over social media companies' behavior.

Axios Re:Cap digs into why net neutrality matters and what comes next with Nilay Patel, editor-in-chief of The Verge and host of the Decoder podcast.

House grants waiver for retired Gen. Lloyd Austin to lead Pentagon

Defense Secretary nominee Lloyd Austin Photo: Chip Somodevilla/Getty Images

The House voted 326-78 on Thursday to grant retired Gen. Lloyd Austin a waiver to lead the Pentagon, clearing the way for the Senate to confirm President Biden's nominee for defense secretary as early as this week.

Why it matters: Austin's nomination received pushback from some lawmakers, including Democrats, who cited a law that requires officers be out of the military for at least seven years before taking the job — a statute intended to reinforce the tradition of civilian control of the Pentagon.

Amanda Gorman steals the show on Inauguration Day

Data: NewsWhip; Chart: Axios Visuals

Poet Amanda Gorman by far generated the most average interactions on social media on Inauguration Day, according to exclusive data from NewsWhip.