Billionaire Enters 2020 Race As Democrats Panic Over 2020 Field

The potential entrance of former New York City Mayor Michael Bloomberg into the 2020 presidential race marks perhaps the most significant sign yet of rising anxiety among prominent Democrats over the current candidate field.

Sens. Elizabeth Warren and Bernie Sanders are locked in a race to the left that could leave either struggling to attract the center in a general election, and former Vice President Joe Biden is facing lingering doubts about his campaign's strength.

The billionaire Bloomberg, despite previously ruling out a run, is expected to file paperwork this week designating himself as a candidate in Alabama’s Democratic presidential primary.

In a statement, his political adviser Howard Wolfson said bluntly that Bloomberg was worried the current crop of 2020 hopefuls is not “well-positioned” to beat President Trump next November.

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