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July 16, 2019

Bloomberg to decide on presidential bid by end of February

February 8, 2019
Michael Bloomberg speaks to workers during a tour of the WH Bagshaw Company, a pin and precision component manufacturer, in Nashua, N.H. Bloomberg said that he’ll decide by the end of the month whether to seek the presidency. (Elise Amendola / AP)

ORLANDO, Fla. — Former New York City Mayor Michael Bloomberg says he’s planning to decide by the end of the month whether he’ll seek the presidency.

The 76-year-old businessman, one of the richest men in the world, has been openly contemplating a Democratic White House bid since late last year.

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Bloomberg said on Friday he has “three more weeks” to announce his decision.

He also rejected a recent report suggesting he likely would not run if former Vice President Joe Biden enters the race.

Bloomberg’s decision comes as a handful of high-profile Democrats consider joining the 2020 race. Biden and former Texas Congressman Beto O’Rourke are the most prominent holdouts.

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