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Bloomberg vows not to take campaign donations, presidential salary

Bloomberg vows not to take campaign donations, presidential salary
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An adviser to Michael BloombergMichael BloombergThe truth behind companies' 'net zero' climate commitments The strategy Biden needs to pass his infrastructure plan Bloomberg, former RNC chair Steele back Biden pick for civil rights division MORE said the former New York City mayor won't accept political donations or a presidential salary.  

“He has never taken a political contribution in his life. He is not about to start,” Bloomberg chief adviser Howard Wolfson told The Associated Press. “He cannot be bought.”

Wolfson's comment comes as Bloomberg, a billionaire, appears poised to join the crowded 2020 Democratic presidential field. 

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While current candidates have expressed that the primary race does not need one of the world's richest people, Wolfson stressed that Bloomberg's money makes him independent. 

He told the AP that Bloomberg “is wholly independent of special interests, will not take a dime in any contribution, and never has in any of his three races.”

Wolfson added that Bloomberg is willing to spend "whatever it takes to defeat Donald TrumpDonald TrumpTrump: McConnell 'helpless' to stop Biden from packing court Romney on NRSC awarding Trump: Not 'my preference' McConnell sidesteps Trump calling him 'dumb son of a b----' MORE.” 

Bloomberg would face an uphill battle if he runs for the Democratic nomination, since other candidates have been campaigning for months. Even though he has not officially announced his candidacy, he has purchased a $31.5 million ad blitz across several states. 

The former mayor is worth more than $54 billion according to Forbes.

News of Bloomberg's possible 2020 bid sparked strong criticism from other candidates, especially those who are on the progressive end of the democratic spectrum. Sen. Bernie SandersBernie SandersAmazon workers have spoken — are progressives listening? What's really behind Joe Biden's far-left swing? It's time to declare a national climate emergency MORE's campaign manager said in a statement at the time that, "More billionaires seeking more political power surely isn't the change America needs." 

Sen. Elizabeth WarrenElizabeth WarrenOn The Money: Biden .5T budget proposes major hike in social programs | GOP bashes border, policing provisions Overnight Defense: Biden proposes 3B defense budget | Criticism comes in from left and right | Pentagon moves toward new screening for extremists POW/MIA flag moved back atop White House MORE (D-Mass.) welcomed Bloomberg to the race by referring him to her "Calculator for Billionaires" to show how much he'd pay under her tax plan.