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

White House hopeful Michael BloombergMichael Rubens BloombergBiden, Sanders, Warren pull away from field in Super Tuesday states: poll Yang qualifies for New Hampshire debate stage Biden, Sanders emerging as top picks in 2020 Democratic field: national poll 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 KingWarren fends off questions on Sanders: 'I'm not going there' Flake: Republicans don't speak out against Trump 'because they want to keep their jobs' Lifetime to release sequel to 'Surviving R. Kelly' 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.’"

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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.

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President TrumpDonald John TrumpTrump denies telling Bolton Ukraine aid was tied to investigations Former senior Senate GOP aide says Republicans should call witnesses Title, release date revealed for Bolton memoir 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 Ann WarrenPoll: Sanders leads Biden by 9 points in Iowa Poll: Biden leads in Iowa ahead of caucuses The Memo: Impeachment dominates final Iowa sprint MORE (D-Mass.) and Bernie SandersBernie SandersPoll: Sanders leads Biden by 9 points in Iowa Poll: Biden leads in Iowa ahead of caucuses The Memo: Impeachment dominates final Iowa sprint 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.”