Bloomberg Backs Biden With $20 Million Donation

In a major boost to Joe Biden’s presidential campaign, former New York City Mayor Michael Bloomberg has pledged to donate $20 million to help support the Democratic nominee in the final stretch of the race.

Bloomberg, who ran for the Democratic nomination himself earlier this year, announced his support for Biden on Sunday, citing the need to remove President Donald Trump from office and restore stability to the country.

“I’ve always believed that defeating Donald Trump starts with uniting behind the candidate with the best shot to do it. After the Democratic convention, I will do everything I can to help Joe Biden win the presidency,” Bloomberg said in a statement.

The $20 million donation from Bloomberg will go toward funding various efforts to support Biden’s campaign, including advertising, voter outreach, and mobilization efforts in key battleground states.

Bloomberg’s endorsement and financial support come at a crucial time for the Biden campaign, as the race between Biden and Trump continues to tighten in the final weeks leading up to the election.

Bloomberg, a billionaire businessman and philanthropist, has been a vocal critic of Trump throughout his presidency, particularly on issues such as climate change, gun control, and health care.

His decision to back Biden with such a significant financial contribution underscores the growing momentum behind the Democratic nominee’s campaign as he seeks to unseat Trump in November.

Biden has welcomed Bloomberg’s support, praising him as a “great American” who has shown leadership and dedication to helping defeat Trump and bring about positive change in the country.

With Bloomberg’s donation and endorsement, Biden’s campaign is poised to ramp up its efforts in key battleground states and reach out to a wider audience of voters in the final weeks of the campaign.

As the race heats up and the stakes grow higher, Bloomberg’s support could prove to be a game-changer for Biden as he seeks to secure the presidency and lead the country in a new direction.