Bloomberg confirms he’s considering White House run

Former NYC mayor says current political discourse is "an outrage and an insult to the voters"

Michael Bloomberg
Michael Bloomberg

Former New York City Mayor Michael Bloomberg has acknowledged for the first time that he is weighing a run for the presidency of the United States.

The billionaire and Bloomberg LP founder told the Financial Times that he is “looking at all the options” as far as a presidential bid is concerned, and expressed his displeasure with the current political discourse dominating the race for the White House.

“I find the level of discourse and discussion distressingly banal and an outrage and an insult to the voters,” Bloomberg said, adding that the American public deserves “a lot better.”

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The New York Times reported last month that Bloomberg was considering a presidential run as an independent candidate. The former mayor told the FT that he would need to start putting his name on ballots by the beginning of March for that to happen.

“I’m listening to what candidates are saying and what the primary voters appear to be doing,” he said. [FT via CNBC]Rey Mashayekhi