Nov 10, 2019

Why Bloomberg might not run

Photo: Bryan Bedder/Getty Images

Sources close to Mike Bloomberg tell Axios that last week's announcement was partly a trial balloon to gauge interest and preserve the former mayor's options — but his own very extensive polling remains far from convincing.

The big picture: Polling being studied by Bloomberg shows big, perhaps insurmountable hurdles, particularly if Joe Biden stays in. 

Why it matters: That's why Bloomberg didn't run in the first place, and still might not.

  • Bloomberg, reflecting his life in business, is practical and data-driven. His formal announcement has always been contingent on whether polling showed a convincing path to victory.

Morning Consult finds that Bloomberg is the first choice of just 4% of Democratic primary voters — putting him in sixth place, between Sen. Kamala Harris and Andrew Yang.

  • Bloomberg fares "about as well as Warren, Sanders and Biden in hypothetical matchup against Trump."
  • But "25% of Democratic primary voters express unfavorable views of the billionaire, higher than any of the 15 candidates currently in the race."

The bottom line ... Nate Silver's take on the poll: "Biden still with a clear lead; no particular evidence Biden impacted more than others. ... Not exactly the 'seismic disruption' that some predicted."

Go deeper

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

Biden skeptical Bloomberg will catch on

Photo: "Axios on HBO"

Former Vice President Joe Biden told "Axios on HBO" he is skeptical former New York Mayor Michael Bloomberg will get traction with Democratic voters. 

Why it matters: Aides tell us Biden was hacked off that Bloomberg jumped into the race after promising he would not. Bloomberg has made it clear via advisers that Biden’s weakness prompted his entrance.

Go deeperArrowDec 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