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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 BloombergBiden's great challenge: Build an economy for long-term prosperity and security The secret weapon in Biden's fight against climate change Sanders celebrates Biden-Harris victory: 'Thank God democracy won out' 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 John TrumpTrump alludes to possible 2024 run in White House remarks Trump threatens to veto defense bill over tech liability shield Tiger King's attorney believes they're close to getting pardon from Trump 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.

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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 SandersDeVos knocks free college push as 'socialist takeover of higher education' The Hill's 12:30 Report — Presented by Capital One — Giuliani denies discussing preemptive pardon with Trump Manchin: Ocasio-Cortez 'more active on Twitter than anything else' 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: McConnell offering new coronavirus relief bill | Biden introduces economic team, vows swift action on relief | Rare Mnuchin-Powell spat takes center stage at COVID-19 hearing Biden introduces economic team, vows swift action on struggling economy Louisville mayor declares racism a public health crisis 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.