'Bloomberg could be a great president but his presence in the race will do great harm if he does not announce NOW a plan to sell his financial services and media companies,' Painter tweeted Monday.
Bloomberg joined the crowded Democratic primary Sunday, November 24. The former New York City mayor is the 17th candidate vying for the chance to take on President Donald Trump in the 2020 general election.
"Defeating Trump – and rebuilding America – is the most urgent and important fight of our lives. And I'm going all in," he wrote."My resolve to stand up to his bigotry and hatred and wrong-headed policies is anchored in who I am and my belief in government as a force for good." Trump is the only president in modern American history to refuse to divest his business entities upon entering office. As a result, he's faced multiple accusations of violating the emoluments clause of the Constitution. The clause prohibits federal officeholders from receiving any gift, payment, or other thing of value from a foreign state.
"We will describe who is winning and who is losing. We will look at policies and their consequences. We will carry polls, we will interview candidates and we will track their campaigns, including Mike's," John Micklethwait, Bloomberg editorial and research's editor in chief, said in a company-wide memo.
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