What Bloomberg on the Debate Stage Means

First Read looks at what having Mike Bloomberg at the debate this week will mean:

• It could suck the oxygen from some of the candidates trying to compete with Bernie Sanders — like Pete Buttigieg (who won Iowa) or Amy Klobuchar (who finished a surprising third in New Hampshire).
• It gives Sanders and Warren the billionaire foil for their policies and worldview.
• And it means that plenty of scrutiny is probably coming Bloomberg’s way. That could hurt him. Or he could survive and thrive — like Donald Trump did in 2015-2016.

Wall Street Journal: “The billionaire hasn’t held a public event since Saturday evening and has been preparing for the debate in recent days, according to people familiar with his planning.”