Politics | Michael Bloomberg Bloomberg Makes It Official Billionaire former mayor announces his White House bid By Polly Davis Doig Posted Nov 24, 2019 8:45 AM CST Copied In this Feb. 26, 2019, file photo, former New York City Mayor Michael Bloomberg speaks at a news conference at a gun control advocacy event in Las Vegas. (AP Photo/John Locher, File) Michael Bloomberg surprised basically no one Sunday in officially announcing a last-minute 2020 bid for the White House. He did so via a one-minute ad that began airing as part of a $34 million blitz set to go through Dec. 3, reports CBS News. Bloomberg's ad says he will seek to "restore faith in the dream that defines us where the wealthy will pay more in taxes and the middle class get their fair share. Everyone without health insurance can get it, and everyone who likes theirs, keep it." Read These Next More details coming out about the last party the Reiners attended. The Reiners murders and arrest have called attention to a 2015 film. Hero who disarmed Australia shooter might lose his arm. Rob Reiner's son has been arrested after murder of his parents. Report an error