Michael Bloomberg rejoins Democrats ahead of 2020 US election
The billionaire and former New York mayor says, ‘We need Democrats to provide the checks and balance our nation so badly needs’
Billionaire businessman and former New York mayor Michael Bloomberg, who has not yet ruled out a presidential run in 2020, said on Wednesday that he has registered as a Democrat, switching camps again.
“At key points in US history, one of the two parties has served as a bulwark against those who threaten our constitution,” said Bloomberg, who, in the past, has identified as a Republican and an independent.
“Two years ago at the Democratic convention, I warned of those threats,” Bloomberg said on Instagram. “Today, I have re-registered as a Democrat — I had been a member for most of my life — because we need Democrats to provide the checks and balance our nation so badly needs.”
In the US, when voters register with a particular party, it means they plan to vote most often for that party’s candidates. Voters are not required to be registered with any political movement.
Bloomberg, the founder of the financial data and media company that bears his name, has said he will decide in the wake of the November 6 mid-term elections whether he will make a run for the White House.
The billionaire — who served as mayor of New York from 2002 to 2013, both as a Republican and an independent — has already said that if he were to launch a presidential campaign, it would be as a Democrat.
Bloomberg, who in the past has donated to both Democratic and Republican candidates, has said he will spend $80m on Democrats alone ahead of November’s key polls.