Axios and CBS News have reported that former NYC Mayor Michael Bloomberg has suspended his 2020 Democratic presidential campaign.

Bloomber will endorse former Vice President Joe Biden.

*Will update as more information comes out…

CNN reported the email he sent to supporters:

“Three months ago, I entered the race for President to defeat Donald Trump. Today, I am leaving the race for the same reason: to defeat Donald Trump – because it is clear to me that staying in would make achieving that goal more difficult,” Bloomberg announced in an email to supporters

Bloomberg will also endorse Biden:

“I’ve always believed that defeating Donald Trump starts with uniting behind the candidate with the best shot to do it. After yesterday’s vote, it is clear that candidate is my friend and a great American, Joe Biden.

I’ve known Joe for a very long time. I know his decency, his honesty, and his commitment to the issues that are so important to our country – including gun safety, health care, climate change, and good jobs.

“I’ve had the chance to work with Joe on those issues over the years, and Joe has fought for working people his whole life. Today I am glad to endorse him – and I will work to make him the next President of the United States.

Bloomberg spent $550 million in advertising in his short campaign. He spent $224 million alone in Super Tuesday states. He ended the day with only four delegates.



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