Former New York City Mayor Michael Bloomberg announced Tuesday that he will not seek the Democratic presidential nomination in 2020, saying that he believes he would better serve the country as a private citizen.
In an op-ed, Bloomberg cautioned Democrats not to shift too far to the left in a Bloomberg News column announcing his decision. He said he believed he could have defeated President Trump in a general election but was “clear-eyed about the difficulty of winning the Democratic nomination in such a crowded field.”
“It’s essential that we nominate a Democrat who will be in the strongest position to defeat Donald Trump and bring our country back together,” Bloomberg wrote. “We cannot allow the primary process to drag the party to an extreme that would diminish our chances in the general election and translate into ‘Four More Years.’”
Bloomberg, 76, notified advisers of his decision on Monday, capping months of exhaustive research into the possibility of running as a Democrat. Polling and focus groups found that Mr. Bloomberg had a path to the Democratic nomination, his advisers said, but that he would likely struggle to compete if Mr. Biden were to run.