Bloomberg: I'd use 'only my own money' for potential 2020 bid

Bloomberg: I'd use 'only my own money' for potential 2020 bid

Former New York City Mayor Michael Bloomberg said Friday that his campaign will be self-funded if he runs for president in 2020.

"I ran three times. I used only my own money so I didn't have to ask anybody what they wanted in return for a contribution," Bloomberg told reporters in Texas, according to Chron.

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"And, if I ran again, I would do the same thing. I think not having to adjust what you say and what you work on based on who financed your campaign is one of the things that the public really likes."

"I understand not everybody can be self-funded but those that can, I think, should," he added.

Bloomberg, who won elections in New York City as a Republican and Independent, is considering a presidential run as a Democrat.

He has said he'll decide by February on whether or not to pursue the nomination.

If he does, Bloomberg might join a crowded field of Democratic hopefuls including Sens. Elizabeth WarrenElizabeth Ann WarrenNYT editorial board endorses Warren, Klobuchar for Democratic nomination for president Trump rails against impeachment in speech to Texas farmers Biden breaks away from 2020 pack in South Carolina MORE (D-Mass.), Bernie SandersBernie SandersNYT editorial board endorses Warren, Klobuchar for Democratic nomination for president Trump rails against impeachment in speech to Texas farmers Biden breaks away from 2020 pack in South Carolina MORE (I-Vt.), Kamala HarrisKamala Devi HarrisParnas pressure grows on Senate GOP Sanders defends vote against USMCA: 'Not a single damn mention' of climate change The Hill's Morning Report — President Trump on trial MORE (D-Ca.) and Cory BookerCory Anthony BookerBooker ahead of Trump impeachment trial: 'History has its eyes on us' Sunday shows preview: Lawmakers gear up for Senate impeachment trial DNC announces new criteria for New Hampshire debate MORE (D-N.J.).

Former Rep. Beto O'RourkeBeto O'RourkeBiden calls for revoking key online legal protection Trump mocks Booker over suspended presidential campaign Julián Castro endorses Warren in 2020 race MORE (D-Texas) and former Vice President Joe BidenJoe BidenNYT editorial board endorses Warren, Klobuchar for Democratic nomination for president Trump rails against impeachment in speech to Texas farmers Biden breaks away from 2020 pack in South Carolina MORE may also be in contention.