Former New York City Mayor Michael Bloomberg is mulling a 2020 presidential bid, CBS New York reported Tuesday.
Sources told the outlet that Bloomberg, who flirted with launching a 2016 presidential bid as an independent, is now considering running as a Democrat.
The CBS affiliate reports that Bloomberg regrets not running in 2016 because he believes he could have become president or prevented President TrumpDonald TrumpGrant Woods, longtime friend of McCain and former Arizona AG, dies at 67 Super PACs release ad campaign hitting Vance over past comments on Trump Glasgow summit raises stakes for Biden deal MORE from being elected.
Bloomberg also previously contemplated White House bids in 2008 and 2012.
The businessman and former mayor has signaled in recent days that he looking to jump into the political fray, announcing last week that he would dole out $80 million on the 2018 midterm elections, with most of the money going to help congressional Democrats retake the House.
“Republicans in Congress have had almost two years to prove they could govern responsibly. They failed," Bloomberg said in a statement last week.
“I’ve never thought that the public is well-served when one party is entirely out of power, and I think the past year and half has been evidence of that,” he added.
Bloomberg also blasted Republicans in the statement, saying they “have done little to reach across the aisle to craft bipartisan solutions — not only on guns and climate change, but also on jobs, immigration, health care, and infrastructure.”
Bloomberg joins a slew of potential Democratic presidential candidates including former Vice President Joe BidenJoe BidenGrant Woods, longtime friend of McCain and former Arizona AG, dies at 67 Sanders on Medicare expansion in spending package: 'Its not coming out' Glasgow summit raises stakes for Biden deal MORE, former Massachusetts Gov. Duval Patrick (D), as well as Sens. Kirsten GillibrandKirsten GillibrandWhich proposals will survive in the Democrats' spending plan? Proposals to reform supports for parents face chopping block Under pressure, Democrats cut back spending MORE (D-N.Y.) and Kamala HarrisKamala HarrisObama looks to give new momentum to McAuliffe Kamala Harris engages with heckler during New York speech Biden's safe-space CNN town hall attracts small audience, as poll numbers plummet MORE (D-Calif.), among others.