Bloomberg Mulls 2020 Presidential Bid As Democrat

CBS New York reports:

Maybe the fourth time is the charm. Michael Bloomberg is revving up to run for president in 2020, making him both the oldest and richest person to seek the job. Bloomberg considered running in 2016 as an Independent, but sources tell CBS2’s Political Reporter Marcia Kramer that if he runs in 2020, he would run as a Democrat.

A source close to the former three-term mayor says the move is fueled in part by regret that he didn’t stay in the race in 2016, because he feels he could have either won outright or prevented Donald Trump from winning.

Last week Bloomberg unveiled an $80 million spend to support Democrats in the midterms.