“Three months ago, I entered the race for President to defeat Donald Trump,” Bloomberg said in a statement. “Today, I am leaving the race for the same reason: to defeat Donald Trump – because it is clear to me that staying in would make achieving that goal more difficult.”
Following his campaign departure, Bloomberg endorsed rival and former Vice President Joe Biden. “I’ve always believed that defeating Donald Trump starts with uniting behind the candidate with the best shot to do it. After yesterday’s vote, it is clear that candidate is my friend and a great American, Joe Biden,” he said in the statement.
Bloomberg’s embarrassing finish Tuesday night marked the first time he was on the ballot. Had he continued in the race, his candidacy might have taken away votes from Biden, a fellow moderate who’s competing for the nomination with Sen. Bernie Sanders of Vermont. With his departure, there are now only four candidates in the race, including Biden, Sanders, Sen. Elizabeth Warren of Massachusetts, and Rep. Tulsi Gabbard of Hawaii.
Navy Vet
Article URL : https://www.cnbc.com/2020/03/04/mike-bloomberg-drops-out-of-2020-presidential-race.html