Politics | Michael Bloomberg Bloomberg Makes It Official Billionaire former mayor announces his White House bid By Polly Davis Doig Posted Nov 24, 2019 8:45 AM CST Copied In this Feb. 26, 2019, file photo, former New York City Mayor Michael Bloomberg speaks at a news conference at a gun control advocacy event in Las Vegas. (AP Photo/John Locher, File) Michael Bloomberg surprised basically no one Sunday in officially announcing a last-minute 2020 bid for the White House. He did so via a one-minute ad that began airing as part of a $34 million blitz set to go through Dec. 3, reports CBS News. Bloomberg's ad says he will seek to "restore faith in the dream that defines us where the wealthy will pay more in taxes and the middle class get their fair share. Everyone without health insurance can get it, and everyone who likes theirs, keep it." Read These Next Saudi tells Iran to wise up, 'stop attacking their neighbors.' Trump cracked a Pearl Harbor joke with Japan's leader. Navy's most advanced aircraft carrier pulls out of the Iran war. Israel's 'decapitation' strategy in Iran carries risks. Report an error