Dec 6, 2019

Mike Bloomberg: Bloomberg News employees "just have to learn to live with" 2020 policy

Mike Bloomberg told "CBS This Morning" Friday that Bloomberg News' editorial staff will "just have to learn to live with" the organization's decision to extend its policy of not investigating him — as its owner — to all Democrats running for president in 2020.

The big picture: The decision has garnered criticism from both Bloomberg News' staff as well as President Trump, whose campaign said it won't credential Bloomberg News reporters due to "unfair reporting practices."

  • Bloomberg News' editor-in-chief John Micklethwait said that the Trump campaign's "accusation of bias couldn't be further from the truth" and insisted the organization would continue to cover the president fairly.

The exchange:

MIKE BLOOMBERG: I think people have said to me, "How can you investigate yourself?" And I said, "I don't think you can." But if you take a look at the Bloomberg News organization, we carry news from lots of different places like New York Times and the Wall Street Journal and the Washington Post. There's plenty of ways for people to get news about the candidates if they look at Bloomberg News.
CBS' GAYLE KING: But even your own reporters have complained they think it's unfair that they're not allowed to investigate other Democratic candidates because their boss is in the race.
BLOOMBERG: OK, we have — just have to learn to live with some things. They get a paycheck. But with your paycheck comes some restrictions and responsibilities.

Go deeper: Bloomberg News outlines how it will cover Mike Bloomberg's candidacy

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Trump campaign to blacklist Bloomberg News

Trump at a rally in Florida on Nov. 26. Photo: Paul Hennessy/SOPA Images/LightRocket via Getty Images

President Trump's 2020 campaign announced Monday it will no longer allow reporters from Bloomberg News to obtain credentials to cover Trump campaign events.

The big picture: Campaign manager Brad Parscale described the decision to ban Bloomberg reporters as a reaction to Bloomberg News' announcement that it would no longer do investigative journalism on Democratic 2020 candidates, following the entry of the media outlet's owner, Mike Bloomberg, into the presidential race.

Go deeperArrowDec 2, 2019

Mike Bloomberg makes local friends with his 2020 donations

Photo: Eric Risberg/AP

Mike Bloomberg will donate $10 million this week "to defend vulnerable Democratic House members against paid Republican attacks on their support for impeachment proceedings" in 2020, the Washington Post reports.

Why it matters: We're told Bloomberg sees House Democrats as a counterweight to President Trump — the reason he was the biggest outside individual spender on Democrats during the 2018 midterms.

Go deeperArrowDec 12, 2019

Mike Bloomberg kicks off his climate week

Bloomberg in Phoenix on Nov. 26. Photo: Rick Scuteri/AP

Mike Bloomberg will announce a climate week that kicks off on Monday with the campaign's first ad on climate change.

The big picture: It's an online-only spot in California that's called "Smoke and Fire." It calls President Trump "the climate denier," in contrast with Bloomberg's battles with the coal industry.

Go deeperArrowDec 9, 2019