On Wednesday, March 4, Mike Bloomberg ended his 2020 presidential bid and endorsed Joe Biden.
The billionaire, philanthropist, and former New York City mayor announced that he is suspending his presidential bid after his poor performance on Super Tuesday. Despite spending about 500 million dollars on heavy campaigning, Bloomberg was triumphant only in American Samoa.
The billionaire’s dropout signifies both the end of the most unconventional 2020 campaign and a full unification of the democrats’ moderate wing behind former Vice President Joe Biden.
“I’m a believer in using data to inform decisions. After yesterday’s results, the delegate math has become virtually impossible — and a viable path to the nomination no longer exists. But I remain clear-eyed about my overriding objective: victory in November. Not for me, but for our country,” Bloomberg said in a statement.
At the same time, the billionaire promised to keep the infrastructure he sponsored in place until November. “And so while I will not be the nominee, I will not walk away from the most important political fight of my life,” he added.
With his exit, former New York City mayor endorsed a consolidated moderate candidate, Joe Biden, “I’ve known Joe for a very long time. I know his decency, his honesty, and his commitment to the issues that are so important to our country – including gun safety, health care, climate change, and good jobs.”
“Three months ago, I entered the race to defeat Donald Trump. Today, I'm leaving for the same reason. Defeating Trump starts with uniting behind the candidate with the best shot to do it. It's clear that is my friend and a great American, Joe Biden.”
Bloomberg’s endorsement has eliminated Biden’s last moderate competition, giving him a major boost for upcoming primaries.
As Apostrophe reported earlier, Pete Buttigieg and Amy Klobuchar dropped out of the presidential race to unite around Joe Biden.