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11/16, 7:15 AM (Source: TeleTrader)
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Bloomberg to pay $100M for ads against Trump - reports

Billionaire Michael Bloomberg, who recently joined the 2020 presidential race, is planning to spend $100 million on political advertisements in crucial states slamming United States President Donald Trump, according to media reports.

The campaign will reportedly start in Arizona, Michigan, Pennsylvania and Wisconsin on Friday and Bloomberg will not be present in the digital ads against the sitting president, who the former mayor of New York believes is an "existential threat to the country," according to his spokesman.

Bloomberg announced he is joining the Democratic Party's primaries last week, to counter the leftist agenda of major frontrunners in the race, such as Elizabeth Warren and Bernie Sanders.

Breaking the News / NI