March 7, 2016

Breaking: Michael Bloomberg Officially Rules Out a Presidential Run

Jonathan Raa/ZUMA

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Former New York City Mayor Michael Bloomberg announced on Monday that he has ruled out a presidential bid. In an editorial on Bloomberg View, Bloomberg wrote that he feared his entry into the race would only strengthen Republican front-runner Donald Trump’s chances at the White House.

“As the race stands now, with Republicans in charge of both Houses, there is a good chance that my candidacy could lead to the election of Donald Trump or Senator Ted Cruz,” he said. “That is not a risk I can take in good conscience.”

Read Bloomberg’s editorial in its entirety here.

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BEFORE YOU CLICK AWAY!

“Lying.” “Disgusting.” “Scum.” “Slime.” “Corrupt.” “Enemy of the people.” Donald Trump has always made clear what he thinks of journalists. And it’s plain now that his administration intends to do everything it can to stop journalists from reporting things they don’t like—which is most things that are true.

No one gets to tell Mother Jones what to publish or not publish, because no one owns our fiercely independent newsroom. But that also means we need to directly raise the resources it takes to keep our journalism alive. There’s only one way for that to happen, and it’s readers like you stepping up. Please help with a donation today if you can—even a few bucks will make a real difference. A monthly gift would be incredible.

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