Howard Schultz

Howard Schultz says he will not campaign this summer, citing health problems

Howard Schultz
Howard Schultz. Photo: Owen Hoffmann/Patrick McMullan via Getty Images

Former Starbucks CEO Howard Schultz, who has previously said he is considering running for president as a centrist independent, will not campaign this summer after undergoing three separate back surgeries.

Why it matters: Schultz' announcement and subsequent press tour earlier this year set off significant backlash from Democrats who believe running as an independent could help re-elect Trump. Schultz has warned that Democrats nominating a candidate too far to the left would be damaging to the country, but has nonetheless maintained that he will "not be a spoiler."

Schultz says he'd never sign partisan bills if he were president

Howard Schultz says both parties should work together on legislation.
Photo: Joe Raedle/Getty Images

Former Starbucks CEO Howard Schultz said Wednesday if he were president, he'd never sign a bill into law that didn't receive bipartisan support, The Washington Post reports.

What he's saying: "I would not sign any legislation — none — into law that does not have bipartisan support," Schultz said in Miami. "We need to be candid with the American people and admit, yes, that both sides have good ideas if we work together."

Why it matters: Schultz hasn't entered the 2020 race, but he is on a nationwide tour while exploring the issue of running as a centrist independent. He told Fox News' "Your World with Neil Cavuto" Wednesday he was thinking of running outside of the two-party system because it was broken. House Majority Leader Steny Hoyer (D-Md.) told the Fox News show if Schultz were to run, it would hurt the Democrats.

Go deeper: Starbucks has a 2020 problem