Bloomberg Joins Clinton in Sitting Out 2020 Presidential Race

Billionaire and former mayor of New York City Michael Bloomberg announced Tuesday that he will not seek the presidency in 2020.

“I love our country too much to sit back and hope for the best as national problems get worse,” Bloomberg said in an op-ed on his website. “But I also recognize that until 2021, and possibly longer, our only real hope for progress lies outside of Washington. And unlike most who are running or thinking of it, I’m fortunate enough to be in a position to devote the resources needed to bring people together and make a big difference.”

Bloomberg lamented the current situation in Washington, D.C. under President Donald J. Trump, and insisted that he could make more of a difference outside of the nation’s capitol. He announced the expansion of a clean energy campaign called “Beyond Coal,” on which he will apparently focus his energy instead of running for the highest office in the land.

“Now, I will take the next big steps. First, I will expand my support for the Beyond Coal campaign so that we can retire every single coal-fired power plant over the next 11 years,” he said. “That’s not a pipe dream. We can do it. And second, I will launch a new, even more ambitious phase of the campaign — Beyond Carbon: a grassroots effort to begin moving America as quickly as possible away from oil and gas and toward a 100 percent clean energy economy.”

Bloomberg is the second high-profile name in as many days to duck out of the 2020 race.

Monday, twice-failed presidential candidate Hillary R. Clinton said that she would not run in 2020 either.

Big League Politics reported:

Hillary Clinton is not running for president in 2020.

“The trajectory is to do what she did in 2018 and more,” a Clinton “friend” told The Hill. “I think that she is in a position to help the party come together, and depending on how things play out, that is something that she can do sooner than when she secured the nomination in 2016. If Democratic voters and activists start to coalesce around someone early, she can play an important role in bringing candidates together around that individual.”

So, barring a 2024 run, it’s likely that Hillary Clinton is never going to be the president of the United States.

Neither New York Democrat saw a path victory against the New York businessman who currently holds office.

Follow Peter D’Abrosca on Twitter: @pdabrosca

Like Peter D’Abrosca on Facebook:

Our Latest Articles