Michael Bloomberg will not run for president in 2020
- Michael Bloomberg will not run for president in 2020, the billionaire businessman wrote in a statement posted online on Tuesday.
- “I am clear-eyed about the difficulty of winning the Democratic nomination in such a crowded field,” he wrote.
- Though Bloomberg will not run for president, he wrote he would expand his environmental philanthropy, and announced the launch of a new project, Beyond Carbon, that he described as a “grassroots effort to begin moving America as quickly as possible away from oil and gas and toward a 100 percent clean energy economy.”
Tucker Higgins | @tuckerhigginsPublished 2 Hours Ago Updated 24 Mins AgoCNBC.com