CNBC: Mike Bloomberg prepared to spend at least $100 million on a 2020 campaign if he decides to run

Bloomberg has been sending smoke signals that he is seriously considering a run for president.

In December, he took a trip to the early caucus state of Iowa to screen a new documentary, “Paris to Pittsburgh,” which shows how Americans are trying to fight climate change. While in Des Moines, he met with top political leaders in the state including the state party chair, Troy Price, and former Iowa Gov. Tom Vilsack.

Shortly after the midterms, he privately met with House Speaker Designate Nancy Pelosi in New York to discuss the outcome of the midterms and introduce her to the board members of Bloomberg Philanthropies.

Board members include luminaries such as Disney CEO Bob Iger, former Treasury Secretary and ex-Goldman Sachs CEO Henry “Hank” Paulson and former Morgan Stanley CEO John Mack, the group’s website says.

It’s unclear whether these executives attended the meeting, but the entire board was expected to participate.

Bloomberg’s close relationship with Wall Street executives is already coming under scrutiny by a major Republican money group, America Rising. The super PAC is preparing an opposition research blitz against Bloomberg that it can deploy if he decides to run, which includes his alliance with business leaders.

 

 

This is an excerpt from CNBC. To read the full article click here.