Howard Schultz advisers exploring possible 2020 independent bid: report

Howard Schultz advisers exploring possible 2020 independent bid: report
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Advisers to former Starbucks CEO Howard Schultz are mulling having the high-profile billionaire run for president in 2020 as an independent candidate, The Washington Post reported Friday.

Schultz, a vocal critic of President Trump, has previously maintained that he is not interested in running for office.


If he were to run as an independent, the self-described "lifelong Democrat" would avoid what's likely to be a crowded Democratic field. He has not stated publicly whether he will run for president.

Schultz, who has a net worth of $3.3 billion, could be joined by former Ohio Gov. John Kasich (R), who has reportedly mulled a bid for the White House as an independent. Kasich has not yet made a decision on the matter.

Trump critics and Democratic strategists said they had concerns that a viable three-way race for the White House could hamper the Democratic Party and help propel Trump to reelection, the Post reported.

Schultz left his post at the helm of Starbucks last June, but did not indicate a reason for his exit.

“I’ll be thinking about a range of options for myself, from philanthropy to public service, but I’m a long way from knowing what the future holds,” he said at the time, drawing people to speculate a presidential bid for him.

Schultz, last summer, implied that his time leading the giant coffee business could make him more qualified to lead the country than Trump.

"There is a very big difference between someone who has run a global enterprise like myself, who has traveled to China probably more than any other CEO in the last 10 years, and who understands those issues, versus someone who has run a private company with very little fiduciary responsibilities to other shareholders," Schultz said last June.