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 WarrenAbigail Disney: 'We're creating a super-class' of rich people Is Big Tech biased? The Hill's Morning Report - In exclusive interview, Trump talks Biden, Iran, SCOTUS and reparations MORE (D-Mass.), Bernie SandersBernie SandersThe Hill's Morning Report - In exclusive interview, Trump talks Biden, Iran, SCOTUS and reparations Biden to debate for first time as front-runner Rules for first Democratic primary debates announced MORE (I-Vt.), Kamala HarrisKamala Devi HarrisThe Hill's Morning Report - In exclusive interview, Trump talks Biden, Iran, SCOTUS and reparations Biden to debate for first time as front-runner Rules for first Democratic primary debates announced MORE (D-Ca.) and Cory BookerCory Anthony BookerBiden to debate for first time as front-runner Rules for first Democratic primary debates announced Press: Democrats form circular firing squad MORE (D-N.J.).

Former Rep. Beto O'RourkeBeto O'RourkeEXCLUSIVE: Trump on reparations: 'I don't see it happening' Overnight Energy: Inslee unveils plan to fight fossil fuel pollution | Poll finds Biden top choice for climate-minded voters | Trump USDA reportedly buried climate warnings Inslee unveils plan to fight fossil fuel pollution, ban fracking MORE (D-Texas) and former Vice President Joe BidenJoe BidenThe Hill's Morning Report - In exclusive interview, Trump talks Biden, Iran, SCOTUS and reparations Biden to debate for first time as front-runner Rules for first Democratic primary debates announced MORE may also be in contention.