Headline RoundupNovember 24th, 2019

Michael Bloomberg Officially Announces 2020 Presidential Candidacy

Summary from the AllSides News Team

After weeks of hints and speculation, former New York City mayor and billionaire Michael Bloomberg declared he would join the list of Democratic candidates in the race for president on Sunday. In a video release and a statement, the media mogul said that he is "running for president to defeat Donald Trump and rebuild America. We cannot afford four more years of President Trump’s reckless and unethical actions.” Media outlets on both sides of the aisle homed in on the build-up surrounding Bloomberg's entry, which comes just days after he filed paperwork with the FEC and announced that he'd spend $33 million on national and local television ads through December 3.

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