Michael Bloomberg says he’s considering 2016 presidential run

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PARIS, FRANCE - DECEMBER 04: Former Mayor of New York City, Michael Bloomberg delivers a speech during a Chinese mayors meeting as he attends the Summit of Local elected for Climate at the Paris city hall on December 04, 2015 in Paris, France. Thousand mayors from different cities gather at the Paris city hall during the COP21, Paris Climate Conference. (Photo by Thierry Chesnot/Getty Images)

(Feb. 8, 2016)– Michael Bloomberg says he is considering running for president of the United States, a move that would dramatically shake up an already chaotic 2016 race.

In an interview with Financial Times, the media mogul and former New York City mayor said he was “looking at all the options” when asked about a possible bid.

“I’m listening to what candidates are saying and what the primary voters appear to be doing,” Bloomberg said, adding that he would need to add his name on ballots by early March in order to stage a serious campaign.

The billionaire also issued his most damning indictment of the current campaigns to date.

“I find the level of discourse and discussion distressingly banal and an outrage and an insult to the voters,” Bloomberg told the Financial Times, adding that the public deserved “a lot better.”

Bloomberg’s interview with the Financial Times marks the first time the billionaire has confirmed that he is eyeing a presidential bid.

The New York Times reported last month that he was considering a plan to run as an independent because he was troubled by Donald Trump’s success on the Republican side, and Hillary Clinton’s inability to staunch Bernie Sanders’ growth on the Democratic side.

Both Trump and Sanders currently have wide leads over their respective rivals in New Hampshire, which holds the first-in-the-nation primary on Tuesday. Trump and Sanders also had strong second-place showings in the Iowa caucuses last week.

Bloomberg would run as a moderate promising to bring compromise and business savvy to an election characterized by highly charged disputes and political partisanship.

Bloomberg is seen as a pragmatist and fiscal conservative who has taken liberal positions on issues like gun control and the environment.

With a $39 billion fortune, Bloomberg is expected to self-fund his campaign and would likely spend north of $1 billion to do it.

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