Michael Bloomberg

Michael Bloomberg says he would self-fund 2020 presidential election

Michael Bloomberg.
Michael Bloomberg at a conference. Photo: Bill Pugliano/Getty Images

Michael Bloomberg has indicated he would self-fund a 2020 presidential campaign if he were to declare a bid, claiming his wealth would keep him from needing to curry favor with special interests

What they're saying: "I ran three times. I used only my own money so I didn’t have to ask anybody what they wanted in return for a contribution," Bloomberg said in Texas, the AP notes.

Democrats' 2020 race is about to speed up

Sen. Elizabeth Warren talks to reporters outside her home in Cambridge, Mass., on New Year's Eve, accompanied by her husband, Bruce Mann, and their golden retriever, Bailey. Photo: Scott Eisen/Getty Images

After two months of behind-the-scenes jockeying since the midterms, the Democrats' race for president is about to burst into the open with a series of candidacy announcements and staff hires, 2020 operatives tell me.

What's happening: "This has been a slow dance," one top strategist said. "No one was in a rush — people said they would make a decision over the holidays. Now, the pace is about to change fast."

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