The firebrand attorney Michael Avenatti told CNBC that he is again considering a run for the Democratic nomination for president after he declared last year he wouldn’t take part in the contest.
Said Avenatti: “I don’t think I need to make a final decision for a number of months. I have the name ID and everyone knows I’m one of the few effective fighters that the Dems have.”
Still, Avenatti said he has a “number of things to deal with” before deciding whether he will jump into the race. He was arrested in New York in March for an alleged $20 million extortion scheme against Nike. A month later, federal prosecutors in California indicted Avenatti on three dozen counts including stealing money from clients and lying to regulators about his income.