“Mike Bloomberg is jumping into the Democratic presidential race because he believes that Joe Biden is fading, opening the moderate lane next to Elizabeth Warren,” sources close to the former New York mayor tell Axios.
Said one source: “Mike will spend whatever it takes to defeat Donald Trump. The nation is about to see a very different campaign than we’ve ever seen before.”
Another source said Bloomberg will make a final decision “soon” and isn’t expected to seek or accept campaign contributions.
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