The former Obama adviser will also offer strategic advice to the network, separate from his on-air duties.

"David has one of the sharpest political minds in the nation," said Andrew Morse, head of Bloomberg Television in the United States, in a statement. "We're thrilled he's joining the Bloomberg team to provide his unique insight and analysis to our coverage of business and politics."

Plouffe is one of many Obama veterans finding a home on cable news. David Axelrod, the former White House adviser and strategist for the president's campaign, joined NBC News in February as a senior political analyst. Robert Gibbs, the former White House press secretary, also joined the network as a contributor.