The 2020 bid from the former New York mayor could create some headaches for Biden's ability to maintain the support from moderate Democrats that he needs to remain a frontrunner.
The candidacy of former New York City Mayor Michael Bloomberg for president has the ability to pose a significant threat to one of the current Democratic frontrunners.One of the reasons, the strategists explained, was because of Bloomberg's billionaire status, which lends him the ability to self-fund his campaign. But more importantly, both of the 70-something-year-old white men draw from the same electorate: moderate voters.
But Bloomberg's entrance into the presidential fray is late, to put it mildly. Several candidates have already dropped out due to lack of support and half a dozen debates have already taken place. Smikle conceded that Bloomberg's short-term plan of winning primaries and caucuses, as well as earning enough support to make it onto the debate stage, may not exist.
Former New York City Mayor Michael Bloomberg listens during the National Action Network Breakfast on January 21 in Washington, DC."I think there are a lot of Democrats looking at this and saying, 'It's another billionaire candidate wanting to use his resources to run for president.' Where they would have dismissed it outright several years ago, the emergence of Donald Trump made it much more viable than previously," Smikle said.
Elrod, based on her conversations with people close to Bloomberg, said the former mayor is"most concerned with beating Donald Trump." Voters and some prominent figures within the Democratic Party have questioned whether Biden is the best nominee to take on Trump, citing the smaller figure of cash his campaign has on-hand than other candidates and the verbal stumbles he's made along the campaign trail.
"With regard to Michael Bloomberg, I welcome him in the race. Michael is a solid guy and let's see where it goes. I have no, no problem with him getting into the race," the former vice presidentFriday."In terms of he's running because of me, the last polls I looked at, I'm pretty far ahead. If I'm not mistaken, I'm doing pretty well both relative to Trump and relative to all the people running in the Democratic primary.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Trump says Joe and Hunter Biden 'must testify' in impeachment probeWhile continuing to rail over an impeachment inquiry triggered by his request for Ukraine to investigate former Vice President Joe Biden and his son Hunter, President Trump on Thursday called on them to testify in the probe.
Read more »
Joe Biden allies are worried that a Mike Bloomberg candidacy could clinch the nomination for Elizabeth WarrenOther supporters of Joe Biden are skeptical that former New York Mayor Mike Bloomberg will actually be a viable candidate.
Read more »
Ukraine Company’s Campaign to Burnish Its Image Stretched Beyond Hunter BidenBurisma Holdings’ campaign to clean up its image in the West reached beyond the 2014 hiring of Hunter Biden, son of the then-U.S. vice president, to include other well-connected operatives in Washington.
Read more »
Johnson, Grassley ask State Department for Hunter Biden docs
Read more »
Biden shrugs off Bloomberg's potential bid
Read more »
WSJ News Exclusive | Giuliani Associates Urged Ukraine’s Prior President to Open Biden, Election ProbesMonths before President Trump pressed Ukraine’s newly installed president to investigate Joe Biden’s son and alleged 2016 U.S. election interference, two associates of Rudy Giuliani urged Ukraine’s prior president to announce similar probes in exchange for a state visit to Washington.
Read more »