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Mike Bloomberg 2020 Makes Transfer of $18 Million to Democratic National Committee, opens in a new window

Today, Mike Bloomberg 2020 announced a transfer of $18 million to the Democratic National Committee’s (DNC) Coordinated Campaign to help Democrats win up and down the ballot in November.

Daily Read: Bloomberg Mapping Out Plan to Repurpose Campaign to Support Dems — Plus, 1 Mil Coronavirus Test Kits Promised by Trump, 75,000 Delivered, opens in a new window

|Sheekey Daily Read

Mike Bloomberg has pledged for months to use his personal wealth to fund efforts against Donald Trump even if someone else became the Democratic nominee. A day after Bloomberg’s exit, top advisers were beginning to map out how to repurpose his sprawling campaign organization to support Democrats in the general election.

Statement by Mike Bloomberg, opens in a new window

Three months ago, I entered the race for President to defeat Donald Trump. Today, I am leaving the race for the same reason: to defeat Donald Trump – because it is clear to me that staying in would make achieving that goal more difficult.

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