A video released on Sunday by former New York City Mayor Michael Bloomberg marks the official start of the billionaire’s 2020 presidential run, a top adviser to Bloomberg told Fox News.
The one-minute ad, which was posted on social media and features images of Bloomberg campaigning alongside those during his younger years, shots of New York City and unflattering images of President Trump, is “the launch ad,” according to one of his top advisers.
Along with the video, Bloomberg posted a written statement on his campaign website in which he laid out why he was the best candidate to defeat President Trump next November.
“I’m running for president to defeat Donald Trump and rebuild America,” Bloomberg wrote.
“We cannot afford four more years of President Trump’s reckless and unethical actions,” he continued. “He represents an existential threat to our country and our values. If he wins another term in office, we may never recover from the damage.”
There has been speculation for months that Bloomberg, who donated millions of his own dollars to Democratic candidates in the 2018 midterm elections, would enter the 2020 fray, but rumors hit a frenzied point earlier this month when he completed the paperwork to be on the Democratic primary ballot in Alabama.
Bloomberg had announced earlier this year that he would not seek the party’s nomination. But, in a statement obtained by Fox News in early November, his political adviser Howard Wolfson said Bloomberg was worried that the current crop of Democrats seeking the White House was “not well-positioned” to defeat President Trump. – READ MORE