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News / Politics

Bloomberg to fund anti-Trump operations

By KATHLEEN RONAYNE, Associated Press
Published: March 5, 2020, 7:09pm

SACRAMENTO, Calif. — Mike Bloomberg is out of the Democratic presidential race, but he’s not done trying to beat President Donald Trump. The billionaire businessman is funding an anti-Trump operation in six battleground states in an effort to oust the Republican president in November.

Bloomberg will dip into his vast fortune to pay for field offices in Arizona, Florida, Michigan, North Carolina, Pennsylvania and Wisconsin, campaign aides said Thursday. It will be done through some type of independent expenditure committee that won’t be able to coordinate with any campaign, though aides are still figuring out the legal details and what the name and budget of the organization will be.

Bloomberg, a former New York City mayor, exited the race on Wednesday after a dismal performance in the 14 Super Tuesday states. He immediately endorsed Joe Biden.

“We’re not done with you yet, Donald,” he tweeted Thursday along with an anti-Trump video that said “#GoJoe” at the end.

It’s unclear when Bloomberg’s new operation will launch and how it will shift if Biden is not the party’s nominee. Aides to Vermont Sen. Bernie Sanders, who is battling Biden for the nomination, have said they do not want Bloomberg’s money, and Bloomberg has said he may not spend to help him.

Bloomberg is worth an estimated $61 billion and has already spent more than $500 million on his own campaign.

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