Former NYC Mayor Michael Bloomberg officially running for president

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Former NYC Mayor Michael Bloomberg officially running for president
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Earlier this week, Michael Bloomberg took his biggest legal step toward a formal campaign announcement by filing official paperwork with the Federal Election Commission declaring him a Democratic candidate for president.

Former New York City Mayor Michael Bloomberg is officially entering the Democratic primary, launching an unconventional pursuit of the party’s presidential nomination after years of flirting with a bid for the nation's highest office.

"And now, he’s taking on him -- to rebuild the country and restore faith in the dream that defines us where the wealthy will pay more in taxes, and the middle-class get their fair share," the ad continues. "It does not mean he has made the decision to run," Bloomberg spokesperson Stu Loeser told ABC News earlier this week.

Without a podium on a nationally-televised debate stage, Bloomberg's uphill battle to compete might be a little steeper -- a hurdle he acknowledged earlier this month when he said in Arkansas' State Capitol after filing for the state's ballot,"It costs a lot of money whether you're doing it with your own money or somebody else's money to get a message out. I remember in New York City, it was very hard to get a message out and that's just one city.

When asked by reporters earlier this month about his renewed considerations and if they reflect his concerns over former Vice President Joe Biden and the rest of the field being weak, Bloomberg deflected, instead responding,"Joe Biden is a very nice guy. I've known him for a long time, and if you want to know about Joe Biden, you got to talk to Joe Biden, he's running his campaign. I'm running mine and one thing doesn't necessarily have anything to do with another.

"Today, I have re-registered as a Democrat -- I had been a member for most of my life -- because we need Democrats to provide the checks and balance our nation so badly needs," he said at the time. Two months later, Bloomberg reportedly held meetings with top Iowa Democrats during a multi-city tour through the first state that have a say in the presidential race, before ultimately ruling out a bid.

But Bloomberg's wait-and-see approach on the sidelines didn't stop him from spending in the presidential contest. He began running digital ads targeting Trump for his behavior, such as his"tantrums" and"lies" on Facebook recently. The New York Times reported in 2010 that at the height of the program,"of 575,000 stops conducted in 2009, black and Latino people were nine times as likely as white people to be targeted by the police." Bloomberg continued to stand by the policy for years, even after a federal judge ruled the policy unconstitutional for being racially discriminatory.

But on the heels of his apology, Bloomberg scored one of South Carolina's most coveted endorsements from Columbia's Mayor Steve Benjamin, according to the Post and Courier.

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