It’s that time again! Bloomberg considers White House run
Every four years, Michael Bloomberg hears something nobody else hears: a groundswell of support for a Michael Bloomberg presidential candidacy. Now, it’s happening again. Bloomberg, the media mogul with an estimated worth of $48 billion, announced on Wednesday that he has changed his political registration to Democrat. That makes a full circle for the former New York City mayor, who began as a Democrat, became a Republican, became an Independent, and has now returned home. ‘Today, I have re-registered as a Democrat — I had been a member for most of my life — because we need Democrats to provide the checks and balance our nation so badly needs,’ Bloomberg wrote in an Instagram post announcing his move. Democrats are welcoming Bloomberg — and his checkbook.