Ex-NYC Mayor Bloomberg takes another look at a presidential bid

Former New York City Mayor Michael Bloomberg is reportedly preparing to file paperwork for a 2020 presidential campaign.

Bloomberg is expected to meet a Friday deadline for qualifying for the Democratic primary ballot in Alabama, a Bloomberg spokesperson said.

Bloomberg has not made a final decision on whether to run, and said in March he wasn’t going to get into the race. But Bloomberg has since privately expressed concerns about the current field of Democratic candidates.

Bloomberg is a billionaire businessman, so if he runs he can make up for his late start by largely financing his own campaign.

His renewed flirtation with a presidential bid comes as former Vice President Joe Biden has seen his polling lead shrink, and as Sen. Elizabeth Warren (D-Mass.) surges while criticizing billionaires.

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