Updated Nov 8, 2019

Michael Bloomberg files to enter Democratic presidential primary

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.

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Poll: 4% of Democratic primary voters would support Bloomberg

Photo: Jeff Kowalsky/AFP via Getty Images

A new Morning Consult poll found that 4% of 2,225 registered Democratic voters said billionaire and former New York City Mayor Mike Bloomberg would be their first choice to take on President Trump next year.

Why it matters: The poll places the former mayor of New York City above 10 candidates currently in the race, including Sens. Amy Klobuchar and Cory Booker and entrepreneur Andrew Yang.

Go deeperArrowNov 10, 2019

Exclusive: Mike Bloomberg will "spend whatever it takes" in 2020

Photo: Paul Morigi/Getty Images for Bloomberg Philanthropies

Mike Bloomberg is jumping into the Democratic presidential race because he believes that Joe Biden is fading, opening the moderate lane next to Elizabeth Warren, sources close to the former New York mayor tell Axios.

Why it matters: "Mike will spend whatever it takes to defeat Donald Trump," a Bloomberg source said. "The nation is about to see a very different campaign than we’ve ever seen before."

Go deeperArrowNov 8, 2019

Mike Bloomberg officially announces presidential run

Photo: Yana Paskova/Getty Images

Billionaire and former New York Mayor Mike Bloomberg officially announced on Sunday that he's running for president as a Democrat.

"I’m running for president to defeat Donald Trump and rebuild America. We cannot afford four more years of President Trump’s reckless and unethical actions. He represents an existential threat to our country and our values. If he wins another term in office, we may never recover from the damage. The stakes could not be higher. We must win this election. And we must begin rebuilding America. I believe my unique set of experiences in business, government, and philanthropy will enable me to win and lead."
— Mike Bloomberg
Go deeperArrowNov 24, 2019