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  • Thu. Nov 21st, 2024

Michael Bloomberg to fund independent group to enhance Democrats this year

Michael Bloomberg to fund independent group to enhance Democrats this year

FILE PHOTO: Then-Democratic U.S. presidential prospect Michael Bloomberg speaks at his Super Tuesday night rally in West Palm Beach, Florida, U.S., March 3,2020 REUTERS/Marco Bello/File Photo

NEW YORK (Reuters) – Michael Bloomberg will form an independent group to help choose the Democratic presidential nominee in November, fulfilling a vow to put his $60 billion personal fortune to work even after deserting his own White Home bid on Wednesday.

The independent expenditure organization will use some of the enormous personnel he constructed during his months-long governmental project, when he spent more than $500 million on an extraordinary advertising blitz just to sign up frustrating results in 14 state contests on Tue

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