Bloomberg re-registers as Democrat

Elias Hubbard
October 11, 2018

In a move that could fuel more speculation about his political future, former Mayor Mike Bloomberg has rejoined the Democratic party.

The billionaire business mogul - who endorsed Hillary Clinton over President Trump in the 2016 election - is heavily invested in helping elect Democrats in congressional midterm elections on November 6.

Bloomberg, New York City's mayor from 2002 to 2013, announced on Instagram Wednesday he's re-registered as a Democrat - accompanied with a photograph of him signing official forms. Last week, he announced he was putting $20 million behind Democratic efforts to flip the Senate.

"At key points in US history, one of the two parties has served as a bulwark against those who threaten our constitution", Bloomberg wrote on Instagram.

Bloomberg, the founder and chief executive of global media company Bloomberg LP, said in a post on social media he was re-registering as a Democrat, citing a potential constitutional crisis under Republican President Donald Trump. He campaigned for Hillary Clinton in 2016 and gave a speech supporting her nomination at the Democratic National Convention. Bloomberg characterizes his move as "one of his most date" in terms of a possible presidential run.

The enormous sum brings Bloomberg - who has already pledged to spend $80 million to support Democratic congressional candidates - up to $100 million in spending commitments for the 2018 election cycle, firmly positioning himself in the Democratic camp as he contemplates a White House bid.

Bloomberg, 76, was a longtime Democrat who became a Republican before running for mayor of the largest US city in 2001. "So if you ran, yeah, you'd have to run as a Democrat".

Other reports by Click Lancashire

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