Michael Bloomberg Files FEC Paperwork for Presidential Run

Former New York City Mayor Michael Bloomberg filed paperwork with the Federal Election Committee (FEC) on Thursday to declare his candidacy for president.

According to the filing (pdf), “I hereby designate the following named political committee as my Principal Campaign Committee for the 2020 election(s).” It named “Mike Bloomberg 2020, Inc.” as the committee and “Democratic Party” as his affiliation.

An aide close to the billionaire media mogul told CBS News that it “is another step towards running but not a final decision or announcement.”

Bloomberg has filed to appear on the Democratic primary ballot in Alabama, Arkansas, and Texas in recent weeks. The three states hold primaries on March 3, which is known as Super Tuesday.

Reports have said that he is working to get signatures to get on the ballot in Tennessee.

The Associated Press reported that Bloomberg is planning to spend about $15 million to $20 million on a voter registration drive to impede in Trumps reelection chances in five states.

“One campaign is a primary campaign—and there are a lot of great people in that contest and a lot of focus and activity around that,” his adviser, Howard Wolfson, told the AP in attempting to explain his plans. “But at the same time, theres another campaign going on that the president has begun that ends in November that also needs to be engaged. And one of the arguments that we would make on behalf of Mike to primary voters is (that) he is able to wage these two campaigns simultaneously—effectively and simultaneously.”

On Sunday, the former New York Mayor apologized for a policy on stop-and-frisk policing, an about-face from his position a few months earlier.

“I was wrong,” he told a crowd in Brooklyn. “And I am sorry.”

“Now hindsight is 20/20. But as crime continued tRead More – Source