Bloomberg would sell company if elected, campaign says

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Mike Bloomberg says he would put his namesake financial information company into a blind trust and then sell it if elected president, a campaign official tells NBCNews

"If elected President, Mike will sell the company," Bloomberg campaign national spokeswoman Galia Slayen said.

Andrew Bates, the rapid response director for former Vice President Joe Biden's campaign, accused Bloomberg of moving the goalposts. He pointed to a December 2018 interview Bloomberg did with"If you ran, you wouldn't have to do it right away, but you'd have to start planning to do it. It would take a long time," he said.

"The company, it would either go into a blind trust or I would sell it," he said."But I think at my age, if selling is possible, I would do that. At some point, you’re going to die anyway, so you want to do it before then.”In November,that Bloomberg L.P. would be run by an expanded management company while Bloomberg's on the campaign trail.

Bloomberg built his company from scratch to supply Wall Street firms with market data in the 1980s. The company, which was started in 1981, employs an estimated 20,000 people, according to Forbes magazine.Dareh Gregorian is a politics reporter for NBC News.Maura Barrett, Julia Jester and Allan Smith

 

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He needs to do this now

👍👍👍👍💙🌊

Hmmm..where have we heard this before? MikeBloomberg is the same over privileged racist sexist taker as tRump. Don't let him buy this nation

Ya right, heard that before.

We've seen this episode before...

Bloomberg is who the Democrats are while Sanders is who they pretend to be. Wake up American workers... these hyenas think they own us.

Can I just have it for free? shit2020

The way he runs NY this country would be screwed. Every state would offer illegal immigrants everything they wanted for free

There goes the hope for free terminal access for everyone if Bloomberg is elected. 🤷‍♂️

Then have someone ask him if he believes that Donald Trump has violated or is violating the emoluments clause? MikeBloomberg

I heard this joke before 🤔.

and his taxes?

Bloomberg reveals true motivation. A 30 billion tax saving by being exempt from capital gains by being “forced” to sell when elected.

Could you put this in a format that a third grader or a current president could understand?

I can’t see him doing that.....

Didn't Trump say the same about his business?

What about now?

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Bloomberg would sell business interests if elected presidentSACRAMENTO, Calif. (AP) — Mike Bloomberg would sell the financial data and media company he created in the 1980s — which bears his name and made him a multibillionaire — if he is elected U.S.... Why? Trump set the precedent that essentially you don't have to. Imma call BS on that one.
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