News and Commentary

Bloomberg Reveals Plan For His Company If He Wins; Trump: He’s Already Violated Campaign Finance Laws

John Bickley
Bloomberg Reveals Plan For His Company If He Wins; Trump: He’s Already Violated Campaign Finance Laws
Callaghan O Hare/Getty Images

Michael Bloomberg, whose self-funded campaign is gaining national momentum amid former frontrunner Joe Biden’s collapse, revealed his plan Tuesday for his multi-billion-dollar company should he manage to secure the Democratic nomination and take down President Trump in November. The morning after the statements about the plans for his multi-billion-dollar business, Trump slammed Bloomberg News for its election coverage and accused the former New York City mayor of having already violated campaign finance laws.

In an appearance on CNN Tuesday, Bloomberg’s campaign policy adviser said that Bloomberg — who recent polls indicate is now frontrunner Sen. Bernie Sanders'(I-VT) biggest threat — would put his company in a blind trust and then eventually sell it should he win the 2020 election. The claim was backed up by his campaign spokeswoman.

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