Bloomberg files campaign paperwork, no decision on bid yet
Read full article: Bloomberg files campaign paperwork, no decision on bid yetWASHINGTON, DC โ New York billionaire Michael Bloomberg has taken another step toward launching a Democratic bid for president. The former New York City mayor, who became a Democrat just last year, filed paperwork with the Federal Election Commission on Thursday to formally create a presidential campaign committee. The move legally allows him to begin raising and spending money on a 2020 campaign, although his team says heโs yet to make a final decision. Bloombergโs enormous wealth, his ties to Wall Street, and his status as a former Republican could make it difficult for him to win support among traditional Democratic primary voters. Before Thursdayโs federal filing, he had already filed paperwork to qualify for presidential primary ballots in three states.