The sentiments of Democratic Party voters toward someone with Bloomberg’s business background also threatened his primary path. and Sen. Bernie Sanders (I-Vt.), have made the enormous wealth of billionaires like Bloomberg a central theme of their campaigns. Bloomberg hopes Democrats ultimately adopt the plan with an eye toward enacting it into law after the 2020 election. After spending $115 million to elect Democrats in the 2018 midterms, Bloomberg could spend more on the 2020 effort, advisers said. But Bloomberg’s aides say he has no intention of staying out of politics and may still get involved in the Democratic primary battle as a supporter.

Source: Washington Post March 05, 2019 21:04 UTC