Michael Bloomberg said to mull 2020 presidential run

Billionaire businessman and former mayor of New York Michael Bloomberg is considering a run for president in the 2020 elections, CBS News reported Tuesday.

A source told the network that Bloomberg is contemplating the move partially due to regrets he didn’t run in 2016, as he believes he could have prevented President Donald Trump’s victory.

The Jewish 76-year-old would be the oldest person to run. He is a political independent but endorsed Hillary Clinton in the 2016 presidential elections, calling Trump a “risky, reckless and radical choice.”

He has lately edged into the center-left realm of US politics, calling for environmental protection and gun control.

Bloomberg announced last week he will donate $80 million to Democrats in hopes they will win back control of the US House of Representatives.

“Republicans in Congress have had almost two years to prove they could govern responsibly. They failed,” he wrote on the website of his Bloomberg news service.

“Congress has essentially stopped acting as a co-equal branch of government, by failing to engage in the kind of oversight of the law that the Constitution requires and the public expects,” he charged, adding that “too many have been absolutely feckless.”

Analysts predict Democrats have a strong shot at regaining control of the US House in November’s midterm elections, although the Cook Political Report said Republicans have seen a recent uptick in their overall chances of maintaining their majority.

Democrats would need to flip 24 seats to seize the chamber.

As such, Bloomberg, a historically bipartisan and independent operator, said he would support Democrats’ efforts to win control of the House.

He also said he had differences with opposition Democrats, “especially those who seek to make this election about impeachment. Nothing could be more irresponsible.”