Michael Bloomberg has announced he is running for president, pitting the billionaire businessman and former mayor of New York City against a crowded field of Democrats vying to take on Donald Trump in 2020.
With just over two months to go until the Iowa caucuses, Mr Bloomberg said in a statement on Sunday that he was running for president to defeat Mr Trump and “rebuild America”.
He said his “unique set of experiences in business, government, and philanthropy” would enable him to “win and lead”.
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