Billionaire Mike Bloomberg is belatedly jumping into the U.S. presidential race. It’s hard to see a clear path to victory, and he risks fanning anti-wealth flames, warns GinaChon
Former New York City Mayor Michael Bloomberg is preparing to enter the Democratic presidential primary, his adviser Howard Wolfson said in a statement on Nov. 7. Wolfson added that Bloomberg believes the current field of Democratic candidates is not well positioned to defeat President Donald Trump.
Bloomberg is chief executive officer and founder of Bloomberg L.P., a financial information services firm that competes with Thomson Reuters.
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