Michael Bloomberg might enter 2020 race because he 'obviously fears that Warren or Sanders might prevail,' says Democratic fundraiser

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Michael Bloomberg might enter 2020 race because he 'obviously fears that Warren or Sanders might prevail,' says Democratic fundraiser
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The former New York mayor is reportedly concerned that none of the current Democrat contenders can beat President Donald Trump in 2020.

The former mayor of New York, Michael Bloomberg, wants to run for the Democratic Party's presidential nomination because he is worried its current frontrunners will not beat President Donald Trump in 2020, a party fundraiser has said.

The 77-year-old billionaire is expected to file paperwork this week for the Democratic presidential primary in Alabama, and could make an announcement on it next week,If he does confirm his candidacy, it would be an about-turn for Bloomberg, who said in March he would not run for president. Back then, he believed Joe Biden was too strong a contender but Biden, 76, has faced questionsMichael Bloomberg speaks onstage at the Common Sense Awards at The Shed on October 29, 2019 in New York City.

Her tweet links to a billionaire tax calculator which calculates that under her tax plans, he would pay $3.079 billion next year."An amount which you likely won't even feel," the website says,"will help us invest in education from birth through college and help finance health care for everyone."

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