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He's not even on today's ballot in New Hampshire, but Mike Bloomberg is consuming the attention thanks to resurfaced comments from 2015.

Why it matters: The comments touch on hot buttons in a Democratic primary, and Trump allies seem eager for a post-Biden foil.

Bloomberg in 2015, speaking at the Aspen Institute:

  • On stop-and-frisk: "95% of your murderers — murderers and murder victims —  fit one M.O. ... They are male minorities, 16 to 25."
  • On drug arrests: People "say, 'Oh my God, you are arresting kids for marijuana that are all minorities.' Yes, that's true. Why? Because we put all the cops in minority neighborhoods. ... Because that's where all the crime is."
  • On Russia annexing Crimea: “Nobody thinks Russia should be in the Ukraine. ... But if you really think about it ... what would America do if we had a contiguous country where a lot of people in that country wanted to be Americans. Do Texas and California ring a bell?"

President Trump tweeted and then deleted the audio. His now-deleted post called Bloomberg a "TOTAL RACIST."

  • Trump himself has promoted stop-and-frisk, saying on the campaign trail in 2016 that it "worked incredibly well" in New York, Axios' Rashaan Ayesh notes.

"Faster and sooner": Bloomberg, who argued the practice did not violate civil rights as recently as a September 2018 interview with the N.Y. Times, said in a statement:

  • "President Trump’s deleted tweet is the latest example of his endless efforts to divide Americans."
  • "I inherited the police practice of stop-and-frisk. ... I cut it back by 95%, but I should’ve done it faster and sooner. I regret that and I have apologized — and I have taken responsibility for taking too long to understand the impact it had on Black and Latino communities."

The bottom line: If Biden bombs today — and Bloomberg keeps rising in polls — expect far more of this to come.

Go deeper

2021 economy boomed at fastest rate in 37 years

Source: Bureau of Economic Analysis

The U.S. economy surged ahead with a 6.9% annual growth rate in the final months of 2021 and achieved the strongest growth over an entire calendar year since 1984.

Driving the news: New GDP numbers from the Commerce Department show a remarkable acceleration in economic activity, much faster than the 5.3% growth rate analysts expected.

The Fed isn't the only problem investors are worried about

Illustration: Aïda Amer/Axios

The Federal Reserve will be raising rates, just as the economy is slowing. The markets hate that.

Why it matters: The ugly start to the stock trading year doesn't just reflect Fed-induced agita — investors are also worried about a growth slowdown.

4 hours ago - Health

White House says Obamacare sign-ups hit record

Health and Human Services Secretary Xavier Becerra speaking in the White House in December 2021. Photo: Jim Watson/AFP via Getty Images

The White House said Thursday that a record 14.5 million Americans have signed up for health insurance through Obamacare marketplaces since Nov. 1, including more than 10 million enrollments through HealthCare.gov.

Why it matters: Last year's stimulus bill contained substantial investments in the program, including increased subsidies for people who don't receive health insurance from an employer or through Medicare or Medicaid.