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Bloomberg Actively Mulling Presidential Bid

January 23, 2016 · 10:18 am ET · 150 Comments

Michael Bloomberg “has instructed advisers to draw up plans for an independent campaign in this year’s presidential race,” the New York Times reports.

“Mr. Bloomberg, 73, has already taken concrete steps toward a possible campaign, and has indicated to friends and allies that he would be willing to spend at least $1 billion of his fortune on it… He has set a deadline for making a final decision in early March, the latest point at which advisers believe Mr. Bloomberg could enter the race and still qualify to appear as an independent candidate on the ballot in all 50 states.”

Washington Post: “This is not the first time that Bloomberg has explored the possibility, and he may well decide that a race is not feasible. But three associates said that several factors have convinced him that a run outside of the Republican and Democratic party process is worth another look.”

2016 Campaign Michael Bloomberg

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Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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