In a move that could fuel more speculation about his political future, former Mayor Mike Bloomberg has rejoined the Democratic party.
Bloomberg announced his new political affiliation in an Instagram post, warning that Democrats are "so badly" needed to keep the government in check. He has considered himself a Democrat, Republican and Independent at times.
The global media company founder on Wednesday said he has registered as a Democrat, which would be especially significant if he decides to challenge President Donald Trump in 2020. CBS reported in June that he was considering a run for president in 2020.
Bloomberg told Buzzfeed News this week that "elections are about swings".
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In 2005, two New Jersey dioceses gave settlements to two men who said they had been sexually molested or harassed by McCarrick. However, as Pope Francis has said: "We will follow the path of truth wherever it may lead" (Philadelphia, Sept. 27, 2015).
"At key points in US history, one of the two parties has served as a bulwark against those who threaten our Constitution", he wrote.
Special envoy to the United Nations for climate change Michael Bloomberg attends a news conference during the One Planet Summit at the Seine Musicale center in Boulogne-Billancourt, near Paris, on December 12, 2017. Two years ago at the Democratic Convention, I warned of those threats, ' Bloomberg wrote. He served as mayor from 2002 to 2013. "So if you ran, yeah, you'd have to run as a Democrat".
To that end, the former mayor announced that he'll give a record $80 million to the Democrats to flip the House from the current Republican majority.That was followed by a pledge of $20 million made last week to the top Senate Democratic super PAC. "I believe I could win a number of diverse states - but not enough to win the 270 Electoral College votes necessary to win the presidency".
A moderate on social issues, Bloomberg supports abortion rights, same-sex marriage and tighter gun laws.