*By Chloe Aiello* Michael Bloomberg wants to be president, his former campaign manager Bradley Tusk told Cheddar on Tuesday. "Just putting all cards on the table: Mike would like to be president, Mike would be an excellent president," Tusk said. Tusk, who ran Bloomberg's 2009 re-election campaign for New York City mayor, said the billionaire has given serious consideration to a 2020 run on the Democratic ticket, but will only run if he feels he has a decent shot at winning. "He's not going to run for the sake of running and for getting attention's sake. If he believes there's a real path to capturing the nomination and winning the general election, then he'll do it," Tusk said. "He's spending a lot of time right now looking at different states, different opportunities and trying to figure out whether it makes sense." Founder of Bloomberg L.P. and one of the world's richest men, Bloomberg served three terms as Republican mayor of New York City, beginning in 2001, but has become increasingly critical of Republican policies, particularly on the subject of guns. In October, Bloomberg officially swapped his affiliation back to the Democratic Party. He [even donated $80 million](https://www.nytimes.com/2018/06/20/us/politics/mike-bloomberg-democrats-election.html?module=inline) to help flip the House of Representatives for the Democrats in the midterm elections, according to The New York Times. An early poll in Iowa, [conducted by CNN and the Des Moines Register](http://cdn.cnn.com/cnn/2018/images/12/15/rel1iademocrats.pdf), places Bloomberg in the middle of the pack ー about ninth in pack of 21 Democratic candidates reportedly considering primary runs. One place Bloomberg might be more popular, however, is Silicon Valley ー his experience as a tech entrepreneur might make him one of the best candidates for tech, Tusk said. For full interview [click here](https://cheddar.com/videos/tech-companies-prepare-to-take-on-political-battles-in-2019).

Share:
More In Business
Report: FDIC Might Levy Special Fee on Big Banks to Pay for Crisis
The Federal Deposit Insurance Corp. is set to pay almost $23 billion to stabilize the banking sector. That money comes from an insurance fund that is refilled through fees paid by banks. Now the agency is considering a special assessment on the entire industry to help make up the costs, according to a Bloomberg report.
Survey: 61% of Americans Say Economy Weighing on Mental Health
About 61% of Americans say the economy is impacting their mental health, according to a PayPal survey. Shanthi Sarkar, vice president of financial services at PayPal, joined Cheddar News to break down some key takeaways from the survey and offer tips on saving and managing money.
Load More