Bloomberg says he'd self-fund possible 2020 White House bid

FILE - In this Nov. 30, 2018 file photo, former New York Mayor Michael Bloomberg speaks with members of the media at The Bridge Way School in Philadelphia. Bloomberg says that if he runs for president, he’ll pay for it himself, defending candidates who use personal riches to bankroll campaigns even as another top 2020 contender, Massachusetts Sen. Elizabeth Warren, has decried the Democratic White House nomination becoming “one more plaything that billionaires can buy.” (AP Photo/Matt Rourke)

AUSTIN, Texas — Former New York Mayor Michael Bloomberg says that, if he runs for president in 2020, he'll pay for it himself.

He's also offering a broader defense of candidates who use personal riches to bankroll campaigns. Another top contender, Massachusetts Sen. Elizabeth Warren, has decried the presidency becoming "one more plaything that billionaires can buy."

Speaking to reporters in Austin on Friday, Bloomberg said "in terms of self-funding, let me tell you, I've made all of my money."

He said it shields him from having to answer to special interests.

Subscribe to Breaking News

* I understand and agree that registration on or use of this site constitutes agreement to its user agreement and privacy policy.

Bloomberg said he understands that not every candidate can be self-funded but those who can, should pay for their campaigns.

Warren recently said on MSNBC's "Rachel Maddow Show" that Democrats should say "no to the billionaires," including self-funding candidates.

Copyright 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

0
0
0
0
0

Load comments