National Review

Howard Wolfson, a close adviser to Mr. Bloomberg, said on Thursday that Bloomberg is “increasingly concerned that the current field of candidates is not well positioned” to defeat President Trump.
“If Mike runs, he would offer a new choice to Democrats built on a unique record running America’s biggest city, building a business from scratch and taking on some of America’s toughest challenges as a high-impact philanthropist,” Wolfson said.
Bloomberg had previously announced in February that he would spend $500 million to defeat Trump, but initially ruled out his own run for president in a March Bloomberg op-ed.
Last month, the Times reported that Bloomberg had reportedly expressed privately to Democrats that he would enter the race if he thought he could be successful, but had doubts about a potential opening.
Bloomberg is largely seen as a direct competitor to former vice president and moderate Democrat Joe Biden, as well as an alternative option to progressives Bernie Sanders and Elizabeth Warren.
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