Bloomberg considering presidential run in 2020 as Democrat: report

          <p class="speakable">Michael Bloomberg, the self-made billionaire and former New York City mayor, is reportedly making plans to run for president as a Democrat in 2020.</p>
          
              
              
          
         
           
          
          
          


          
      
          <p class="speakable">The Times of London, citing an unnamed source, reported Thursday that Bloomberg has been having the discussion with his inner circle. The former Republican mayor -- whose net worth is reportedly $52.2 billion -- would be able to bankroll his own campaign while “other candidates have to knock themselves out,” the source said.</p>
          
         
           
          
          
          


          
      
          <p>It was previously reported that Bloomberg planned to spend at least $80 million to help the Democratic Party in the upcoming November elections.</p>
          
         
                       

          
          
          
          


          
      
          <p>Bloomberg told the Washington Post earlier this summer that Republicans have not delivered results while controlling both the House and Senate, and he argued that a change in power was necessary for members of Congress to reach across the aisle to solve the issues plaguing the country.</p>
          
         
           
          
          
          












          
      
          <p>Bloomberg supported Hillary Clinton in 2016, and reportedly called Trump a “dangerous demagogue.”</p>
          
         
           
          
          
          


          
      
          <p>“Trump says he wants to run the nation like he’s run his business,” Bloomberg said in 2016. “God help us. I’m a New Yorker, and I know a con when I see one.”</p>
          
         
           
          
          
          


          
              
          
      
          <p>Corey Lewandowski, the former Trump aide, said in August that he believed Bloomberg would be a serious threat to Trump if he ran due to his vast fortune, name recognition and reputation as a job creator.</p>
          
         
           
          
          
          


          
      
          <p>“Mike Bloomberg created tens of thousands of jobs over the course of his lifetime,” Lewandowski told reporters at a Christian Science Monitor breakfast in Washington, the New York Post reported. “That is a story the American people like -- and he’s an outsider. I think it would be a very competitive race.”</p>
          
         
           
          
          
          


          
      
          <p>Trump, who ran as an outsider in 2016, appeared to draw new attention to business leaders as potential political leaders. Starbucks' Howard Schultz is reportedly considering a presidential run and Jamie Dimon, the CEO of JP Morgan, appears to enjoy saying he is not running for office.</p>
          
         
           
          
          
          


          
      
          <p>Dimon said earlier this week that he could beat Trump if the two went head-to-head.</p>
          
         
           
          
          
          


          
      
          <p>"I think I could beat Trump," Dimon said Wednesday, according to CNBC. "Because I'm as tough as he is, I'm smarter than he is. I would be fine. He could punch me all he wants, it wouldn't work with me. I'd fight right back."</p>
          
         
           
          
          
          


          
      
          <p>He later said he should not have said it and he is not running for president, but Trump could not resist responding on Twitter.</p>
          
         
           
          
          
          


          
      
          <p>"The problem with banker Jamie Dimon running for President is that he doesn't have the aptitude or 'smarts' &amp; is a poor public speaker &amp; nervous mess," Trump said.</p>
          
         
           
          
          
          


          
      
          <p><i>Fox News' Ben Brown contributed to this report</i></p>