“Michael Bloomberg is actively preparing to enter the Democratic presidential primary and is expected to file paperwork this week designating himself as a candidate in at least one state with an early filing deadline,” the New York Times reports.

“Mr. Bloomberg, the former New York City mayor and billionaire businessman, has been privately weighing a bid for the White House for weeks and has not yet made a final decision on whether to run, an adviser said. But in the first sign that he is seriously moving toward a campaign, Mr. Bloomberg has dispatched staffers to Alabama to gather signatures to qualify for the primary there. Though Alabama does not hold an early primary, it has a Friday deadline for candidates to formally enter the race.”

“Sheldon and Miriam Adelson, the largest Republican donors in 2016, plan to hold off on significantly contributing to President Donald Trump’s reelection effort until well into the 2020 election cycle,” McClatchy reports.

“Sheldon Adelson, the billionaire casino magnate who is chairman and CEO of Las Vegas Sands Corp., wants to avoid setting public expectations early in the cycle that the president’s reelection bid is fully funded by megadonors.”

A new Kaiser Family Foundation/Cook Political Report poll of the Democratic presidential race in four battleground states:

PENNSYLVANIA: Biden 27%, Warren 18%, Sanders 14%, Harris 4%

MICHIGAN: Warren 25%, Biden 19%, Sanders 15%, Buttigieg 7%

WISCONSIN: Warren 22%, Biden 17%, Sanders 10%, Buttigieg 6%

MINNESOTA: Warren 25%, Klobuchar 15%, Biden 14%, Sanders 13%

Amy Walter: “These latest polls and election results are telling the same story we’ve been seeing and hearing for the last two-plus years. Trump is unpopular and polarizing, which makes it all but impossible for him to win the popular vote. But, he does have a chance to win thanks to the demographic make-up of key Midwestern battleground states…”

“If there’s any lesson to take from the torrent of data that’s been released this week, it’s that the more things change, the more they stay the same. Despite losing big in the suburbs in 2017, 2018 and 2019, the Trump campaign has zero interest in doing what it takes to win them back. Though they have more money and a better, more sophisticated campaign infrastructure, the Trump campaign is using the same playbook from 2016. Maximize turnout from the base at all costs and hope that Democrats nominate a candidate who will be even more unappealing to the suburban voters who have abandoned the party.”

A new Harvard Institute of Politics poll finds Bernie Sanders the top choice of voters aged 18 to 29 years old with 28%, followed by Elizabeth Warren at 22% and Joe Biden at 16%.

Meanwhile, President Trump’s approval rating stands at just 27% among young Americans polled, and 59% say they’ll never vote to re-elect him.