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BREAKING: Bloomberg Says He’s Not Running For President, But Announces a Different Campaign

Former New York Mayor Michael Bloomberg announced today he is not running for president in 2020.

Bloomberg writes in Bloomberg that he decided it’s not the right move for him:

I know what it takes to run a winning campaign, and every day when I read the news, I grow more frustrated by the incompetence in the Oval Office. I know we can do better as a country. And I believe I would defeat Donald Trump in a general election. But I am clear-eyed about the difficulty of winning the Democratic nomination in such a crowded field…

I know there’s much more we can accomplish over the next two years, but only if we stay focused on the work and expand upon it. And the fact is: A national presidential campaign would limit my ability to do that.

The former mayor blasts President Donald Trump and reiterates that he believes Trump to be a “threat to our country,” but he emphasizes that Democrats must nominate someone “who will be in the strongest position” to beat him and that the primary season can’t drag Democrats to the “extreme.”

Bloomberg goes on to announce plans for a different campaign, Beyond Carbon, to “begin moving America as quickly as possible away from oil and gas and toward a 100 percent clean energy economy.” He also says he wants to continue taking action on gun violence.

You can read the full piece here.

[image via screengrab]

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Josh Feldman is a Senior Editor at Mediaite. Email him here: josh@mediaite.com Follow him on Twitter: @feldmaniac