Bloomberg Drops Out of Presidential Race, Endorses Biden
WASHINGTON – Former New York City Mayor Mike Bloomberg dropped out of the race for the Democratic presidential nomination Wednesday and endorsed former Vice President Joe Biden.
“I’ve had the chance to work with Joe on those issues over the years, and Joe has fought for working people his whole life,” Bloomberg said. “Today I am glad to endorse him –- and I will work to make him the next President of the United States.”
Bloomberg’s announcement came after an embarrassing showing on Super Tuesday in which he won just one U.S. territory, American Samoa.
The billionaire, who spent a reported $500 million of his own fortune to run for president, said his continued presence in the race would make it harder for the party to defeat President Donald Trump in November.
Though he’s leaving the race as a candidate, Bloomberg said he would continue to keep spending until Trump is sent packing.
Over the course of a 101-day campaign, Bloomberg built a staff of 2,400 people in 43 states. However, that wasn’t enough to overcome one bad and one slightly better debate performance.
Bloomberg bypassed the first four electoral contests of 2020 in the belief that a big Super Tuesday showing would make his candidacy virtually unstoppable. In the end he came away with just a handful of delegates.
Everything changed for Biden, Bloomberg and the rest of the Democratic presidential field after House Majority Whip James Clyburn endorsed the former vice president last Wednesday.
That endorsement sealed Biden’s sweeping victory in the South Carolina primary, a win that prompted two other Democrats, Sen. Amy Klobuchar and former South Bend Mayor Pete Buttigieg to drop out the race and endorse Biden as the moderate alternative to Vermont Sen. Bernie Sanders.
In The News
Health
Voting
2020 Elections
NEW YORK - The Iraq and Afghanistan Veterans of America kicked off veteran education week this morning, continuing a six-week campaign to highlight the priority issues of its members. Over the course of this week, IAVA is highlighting its advocacy efforts to expand and protect veteran... Read More
WASHINGTON – As they did last year, the New Democrat Coalition on Thursday endorsed the reintroduced H.R. 1, the For the People Act. H.R. 1 is a sweeping campaign finance and election reform bill that will make it easier for Americans to vote, end the dominance of money... Read More
WASHINGTON – This week, Sens. Joe Manchin, D-W.V., Mark Warner, D-Va., Shelley Moore Capito, R-W.V., Dick Durbin, D-Ill., Tim Kaine, D-Va., Bob Casey, D-Pa., Sherrod Brown, D-Ohio, and Rep. Matt Cartwright, D-Pa., introduced the bipartisan, bicameral COVID-19 Mine Worker Protection Act. The legislation requires the U.S.... Read More
The pandemic has made clear that broadband access goes hand-in-hand with economic opportunity, exposing the inequities and lack of resources for black-owned businesses across the country, according to Commissioner Geoffrey Starks of the Federal Communications Commission. Since the onset of the novel coronavirus pandemic, black business... Read More
WASHINGTON - There's no question that the once-every-10-year process of redistricting is off to a slow start. Though the U.S. Census Bureau ended its collection of data for the 2020 census on Oct. 15, 2020, it missed the December statutory deadline for the delivery of apportionment... Read More
Cryptocurrencies have the potential to decentralize systems of commerce across the world, leading to vast peer-to-peer markets absent of manipulation. In order for this to come to fruition, Sheila Warren, head of data, blockchain and digital assets and member of the executive committee at the World... Read More
