Bloomberg considers entering United States presidential race

The billionaire and former mayor of New York City has contemplated a third-party ticket White House run in the past, but always came to the conclusion that he could not win.

The Times reports that Bloomberg has “instructed advisers to draw up plans for a potential independent campaign in this year’s presidential race”, likely as he sat at a stately breakfast table piled high with global newspapers and exotic fruits.

A decision is expected within a couple of months.

No independent candidate has ever been elected president.

This time – with the Republican party in disarray with the rise of Donald Trump and many voters unenthused by the prospect of another Clinton in the White House – he has begun testing the water once again.

Bloomberg has never publicly commented on a possible 2016 run.

Bloomberg’s standing with politically savvy Iowans, who are used to getting attention from presidential candidates during both the primaries and general election – underscore one of his biggest challenges if he were to make a late entrance into the race.

Michael Bloomberg, the multibillionaire former mayor NY, has authorized his political team to actively pursue the launch of a Bloomberg presidential candidacy as an independent.

Yes, that’s right: Bloomberg looked at Donald Trump and thought, “this NY billionaire seems to be doing well, so why not another one?”

An adviser said that Bloomberg is upset over extremist rhetoric in the Republican field, as well as Clinton’s leftward turn as she attempts to counter an unexpected surge from Sanders, a self-described democratic socialist from Vermont, reported The Wall Street Journal. Then again, that’s what I thought about Trump.

Bloomberg has told friends that he is considering spending at least $1 billion on the race and that he will decide on a run by early March, according to the New York Times.

In a three-way race featuring Mr. Sanders and Mr. Bloomberg, Mr. Rendell said he might back the former NY mayor. He stopped calling himself a Republican in his 2009 bid for a third term, but under New York’s odd system appeared on the ballot line of the Republican Party and also appeared as an independent.

Ted Cruz manage to win the Republican nomination, while Sanders upsets former Secretary of State Hillary Clinton for the Democratic nomination, he is likely to run.