FILE PHOTO: Former New York City Mayor Michael R. Bloomberg arrives at Gala Dinner on the occasion of the World Mayors Summit in Christiansborg in Copenhagen, Denmark October 10, 2019. Ritzau Scanpix/Martin Sylvest via REUTERS
Brain - Bloomberg considering jump into 2020 Democratic presidential race
Key Highlights

Michael Bloomberg is strongly considering entering the race for the 2020 U.S. Democratic presidential nomination, a move that could greatly disrupt the field just three months before the first nominating contests

Bloomberg is skeptical that any of the current crop of Democratic candidates can defeat Donald Trump in next year's general election, a spokesman said

"Mike is increasingly concerned that the current field of candidates is not well positioned to" beat Trump, Bloomberg spokesman Howard Wolfson said in a statement

Bloomberg served as New York's mayor and has been a leading advocate and philanthropist on the issues of climate change and gun violence

He would likely compete with candidates such as Biden and Buttigieg as a moderate alternative