Make Kitco Your Homepage

Bloomberg to appear on U.S. presidential ballot in Texas

Kitco News

NEW YORK (Reuters) - Billionaire former New York Mayor Michael Bloomberg put his name on Democratic primary ballots in Texas on Wednesday, paving the way for a possible late entry into the presidential race.

Bloomberg, 77, has not officially said whether he will run in the 2020 race, but has acknowledged considering a bid.

His would-be opponents in a historically large Democratic field have spent months making their case to voters in states, starting with Iowa and New Hampshire, that will start selecting the party’s nominee in February.

Bloomberg would bypass some of those earlier voting states and start campaigning in time for Super Tuesday, on March 3, when voters in 15 states and other regions select their nominee. His possible rivals include former Vice President Joe Biden and senators Elizabeth Warren and Bernie Sanders.

Bloomberg had already registered to appear on the ballot in Alabama and Arkansas. Texas marks the third, according to a filing with the Secretary of State in Austin.

If he were to run in the November 2020 U.S. presidential election, Bloomberg would position himself as a moderate with a track record of success who could challenge Republican President Donald Trump’s business experience. Forbes magazine ranks Bloomberg, who founded a media and financial information company named after himself, as the ninth-richest American, with an estimated net worth of $54.3 billion.

Reporting by Trevor Hunnicutt; Editing by Richard Chang

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.