Weighing 2020 Bid, Michael Bloomberg Registers as a Democrat

(Bloomberg) -- Former New York City Mayor Michael Bloomberg announced that he is formally changing his voter registration to Democrat, a possible step toward running for president in 2020.

Bloomberg, 76, has been a political independent since abandoning his Republican Party registration in 2007. He has said he is considering running for president as a Democrat -- making this one of his most overt moves to date toward a possible White House campaign.

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