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 WarrenHere's what the Dem candidates for president said about the Mueller report Booker takes early lead in 2020 endorsements Harris wants Barr to testify on Mueller report as 2020 Dems call for its release MORE (D-Mass.), Bernie SandersBernard (Bernie) SandersHere's what the Dem candidates for president said about the Mueller report Booker takes early lead in 2020 endorsements Harris wants Barr to testify on Mueller report as 2020 Dems call for its release MORE (I-Vt.), Kamala HarrisKamala Devi HarrisKamala Harris to pitch using federal funds to give teachers pay raises Dem senator: 'Appropriate' for Barr, Mueller to testify publicly about Russia probe Here's what the Dem candidates for president said about the Mueller report MORE (D-Ca.) and Cory BookerCory Anthony BookerHere's what the Dem candidates for president said about the Mueller report Booker takes early lead in 2020 endorsements Booker endorses New Jersey marijuana legalization bill MORE (D-N.J.).

Former Rep. Beto O'RourkeRobert (Beto) Francis O'RourkeHere's what the Dem candidates for president said about the Mueller report Booker takes early lead in 2020 endorsements Harris wants Barr to testify on Mueller report as 2020 Dems call for its release MORE (D-Texas) and former Vice President Joe BidenJoseph (Joe) Robinette BidenBooker takes early lead in 2020 endorsements Former Georgia candidate asks Abrams be given 'space' amid 2020 buzz Biden team denies 'pre-cooked plan' of Abrams as early running-mate pick MORE may also be in contention.