Mike Bloomberg says he would put his namesake financial information company into a blind trust and then sell it if elected president, a campaign official tells NBCNews
"If elected President, Mike will sell the company," Bloomberg campaign national spokeswoman Galia Slayen said.
Andrew Bates, the rapid response director for former Vice President Joe Biden's campaign, accused Bloomberg of moving the goalposts. He pointed to a December 2018 interview Bloomberg did with"If you ran, you wouldn't have to do it right away, but you'd have to start planning to do it. It would take a long time," he said.
"The company, it would either go into a blind trust or I would sell it," he said."But I think at my age, if selling is possible, I would do that. At some point, you’re going to die anyway, so you want to do it before then.”In November,that Bloomberg L.P. would be run by an expanded management company while Bloomberg's on the campaign trail.
Bloomberg built his company from scratch to supply Wall Street firms with market data in the 1980s. The company, which was started in 1981, employs an estimated 20,000 people, according to Forbes magazine.Dareh Gregorian is a politics reporter for NBC News.Maura Barrett, Julia Jester and Allan Smith
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