Former New York mayor and media mogul Michael Bloomberg announced that he is running for president, a decision that make shake up the race for the Democratic nomination. “I believe my unique …
The narrator also says that Bloomberg advocates a plan where “everyone without health insurance is guaranteed to get it, and everyone who like theirs can go ahead and keep it.” That puts him at odds with candidates like Elizabeth Warren and Bernie Sanders, who favor a single-payer plan known as Medicare for All.
The narrator also says that Bloomberg sees “a different kind of menace coming from Washington,” but “there’s no stopping here, because there is an America waiting to be rebuilt.” Bloomberg railed against Trump at the Democratic National Convention in 2016, even though he was still registered as an independent.
Since then, Bloomberg, 77, has registered as a Democrat. He announced last spring that he would not run, but his reconsideration is an indication that he was not satisfied with the way that the Democratic primary has evolved. A key question will be how Bloomberg’s media property covers the presidential field, and whether his role changes at Bloomberg LP. He stepped away from the company when he was mayor of New York but rejoined it in 2014 as president and CEO. A spokeswoman for his philanthropic organizations did not immediately respond to a request for comment.
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