Bloomberg on his media company not investigating Dems: Employee paychecks come 'with some restrictions and responsibilities'

White House hopeful Michael BloombergMichael BloombergWake up, America — see what's coming Bloomberg urges court to throw out lawsuit by former campaign staffers Former Obama Ebola czar Ron Klain says White House's bad decisions have put US behind many other nations on COVID-19; Fears of virus reemergence intensify MORE, owner and founder of Bloomberg News, defended his company's decision not to investigate his fellow Democratic presidential primary candidates, saying that being a reporter at Bloomberg includes "some restrictions and responsibilities.”

“They get a paycheck, but with your paycheck comes some restrictions and responsibilities," Bloomberg told Gayle KingGayle KingMinneapolis police union says members have been 'scapegoated by political leaders' Fox News, CBS morning show hosts return to broadcast studios CBS's Gayle King to host live call-in radio show on coronavirus MORE in an exclusive interview with "CBS This Morning."

He added: “People have said to me, ‘How can you investigate yourself? And I said, ‘I don’t think you can.’"


The former New York City mayor, who's worth more than $50 billion, has come under criticism for the Bloomberg News decision, announced late last month, that the outlet will not investigate its founder or any of his primary rivals. 

“We will continue our tradition of not investigating Mike (and his family and foundation) and we will extend the same policy to his rivals in the Democratic primaries. We cannot treat Mike’s democratic competitors differently from him,” wrote Bloomberg editor-in-chief John Micklethwait in a staff memo obtained by The Hill.


President TrumpDonald John TrumpProtesters tear down statue of Christopher Columbus in Baltimore 'Independence Day' star Bill Pullman urges Americans to wear a 'freedom mask' in July 4 PSA Protesters burn American flag outside White House after Trump's July Fourth address MORE's reelection campaign and the Republican National Committee both said they would begin withholding media credentials from Bloomberg journalists following the announcement.

Additionally in Friday's interview, Bloomberg defended his decision to privately fund his own campaign, a move that has drawn ire from his fellow candidates such as Sens. Elizabeth WarrenElizabeth WarrenThe Hill's Campaign Report: Biden chips away at Trump's fundraising advantage Warnock raises almost M in Georgia Senate race in second quarter The Hill's Morning Report - Trump lays low as approval hits 18-month low MORE (D-Mass.) and Bernie SandersBernie SandersThe Memo: Unhappy voters could deliver political shocks beyond Trump Democratic senator will introduce bill mandating social distancing on flights after flying on packed plane Neil Young opposes use of his music at Trump Mount Rushmore event: 'I stand in solidarity with the Lakota Sioux' MORE (I-Vt.). 

“I’m doing exactly the same thing they’re doing, except that I am using my own money,” Bloomberg said.

“They’re using somebody else’s money, and those other people expect something from them," he continued. "Nobody gives you money if they don’t expect something. I don’t want to be bought.”