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Photo: Timothy A. Clary/AFP via Getty Images

To beat President Trump, Mike Bloomberg wants to be candidate Trump.

The state of play: Axios visited Bloomberg's new campaign HQ in Times Square yesterday, and we were struck by how much his 1,000+-person team is learning from — while trying to surpass — the Trump campaigns of 2016 and 2020.

The big picture: Bloomberg is no Trump, but is trying to beat the president at his own game.

  • Social creature: Trump's re-election campaign has deployed Facebook in a bigger way than any campaign in history, outspending all the Democrats combined. Bloomberg's team openly admires the digital prowess of Trump campaign manager Brad Parscale and has built a "content factory" of constantly updating and iterating videos and messages that are narrowly targeted at — and constantly fed to — promising prospects.
  • Ubiquity: Trump forced himself into our lives with Twitter taunts and endless TV appearances. Bloomberg is buying his way into the minute-by-minute of our lives with TV ads. Bloomberg's team believes one of the key lessons of Trump campaign is that if voters see you on TV all the time, they'll take you seriously. At Bloomberg HQ, his TV ads play on a constant loop. It takes a while to realize it's not cable news, where his ads seem nearly as persistent.
  • Success sells: Like Trump, Bloomberg promises ad nauseam to replicate his professional success in governance. Many of Bloomberg's ads follow the rough arc of: 1) Hit Trump ... 2) Why the problem matters ... 3) What Mike did as New York mayor ... 4) What Mike would do as president. It's a key part of Bloomberg's effort to signal, both overtly and subliminally, that he's running against Trump — not the other Dems.
  • Slogan power: Bloomberg's massive data operation found that Bloomberg's record as mayor was one of his big selling points. And Bloomberg's inner circle thought "Make America Great Again" was an effective slogan. Voilà, the Bloomberg slogan: "Mike Will Get It Done." The twist: "It" can mean beating Trump, enacting gun control as president, or whatever the voter imagines.
  • It's all about brand, baby: Bloomberg, like Trump, has set up his campaign so his personal brand shines, win or lose. The former mayor is making plain he will spend up to $2 billion to win himself — or, if he loses, allocate some of that to the Democratic nominee and Bloomberg's pet causes. As a down payment, he's showering money on state and local parties to help them, up and down their tickets, regardless of who wins the primary.

The bottom line: Bloomberg wants to replicate and build off what Trump's campaign did best, without mimicking his style.

Go deeper ... Bloomberg: "I’m spending all my money to get rid of Trump"

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Go deeper

Austria approves COVID vaccine mandate for adults

A vaccination center installed at the Barbara Chapel of St Stephen's Cathedral in Vienna, Austria. Photo: Alex Halada/AFP via Getty Images

Austria's lower house of parliament voted on Thursday in favor of making COVID-19 vaccinations compulsory for most adults from next month.

Why it matters: The bill is expected to soon pass the upper house and be signed by President Alexander Van der Bellen in order for the law to take effect Feb. 1, per Reuters. It'd make Austria the first EU nation to impose such a sweeping mandate.

Hope King, author of Closer
Updated 5 hours ago - Economy & Business

Peloton pumps its brakes

Data: FactSet; Chart: Axios Visuals

Peloton’s popularity is falling as swiftly as it shot up.

Why it matters: Not all pandemic habits stick around. Peloton's trajectory over the past two years exemplifies how challenging it's been for companies to gauge shifts in consumer demand — particularly in sectors heavily altered by the pandemic.

Mitch McConnell's remarks on Black voters raise ire

Senate Minority Leader Mitch McConnell during a Capitol Hill news conference earlier this year. Photo: Anna Moneymaker/Getty Images

Senate Minority Leader Mitch McConnell (R-Ky.) has been widely criticized for comments he made this week about Black American voters.

Driving the news: When asked by a reporter Wednesday about concerns among voters of color, McConnell said "the concern is misplaced, because if you look at the statistics, Black American voters are voting in just as high a percentage as Americans."