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Michael Bloomberg withdraws from the US presidential race

epa08022267 (FILE) - Former mayor of New York Michael Bloomberg delivers remarks at a one on one conversation with IMF Managing Director Christine Lagarde during the 2018 World Bank Group IMF Spring Meetings at IMF Headquarters in Washington, DC, USA, 19 April 2018 (reissued 24 November 2019). According to media reports, Bloomberg is officially entering the 2020 Democratic presidential race. EPA-EFE/SHAWN THEW

Former New York City Mayor Michael Bloomberg dropped out of the 2020 race on Wednesday after a disappointing performance on Super Tuesday despite spending hundreds of millions of dollars in advertisements.

“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 said in a statement.

He also endorsed former Vice President Joe Biden, saying it was clear from the Super Tuesday results that Biden was the best candidate to defeat Trump in November.

The Hill 

 

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