Former New York Mayor Michael Bloomberg, after saying in March that he wouldn't run for president, is backtracking and preparing a potential run for a 2020 bid, a spokesman for the billionaire tells CNN.
Bloomberg is expected to file the necessary paperwork to get on the Democratic primary ballot in Alabama this week, the spokesman said, the clearest sign to date that the former mayor is seriously considering following through with something he has been weighing for weeks.
Despite preparing to file the paperwork in Alabama, Bloomberg has yet to make a final decision on a run, the spokesman added.
Bloomberg's possible entrance comes as former Vice President Joe Biden's campaign struggles to break out of the Democratic field and as Sen. Elizabeth Warren of Massachusetts, a liberal lawmaker who has railed against billionaires like Bloomberg, rises in the Democratic primary campaign.
A possible Bloomberg bid would be sure to dramatically shake up the Democratic primary process. (CNN)
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