Varney: Bloomberg candidacy will put sanity back into Democratic Party
Varney: Bloomberg is a huge problem for Biden
FOX Business’ Stuart Varney on former New York City Mayor Michael Bloomberg entering the 2020 presidential race.
Former New York Mayor Michael Bloomberg is preparing to enter the 2020 presidential race.
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The 77-year-old politician will run against current Democratic candidates with a capitalist mindset and $50 billion net worth, FOX Business’ Stuart Varney said.
“He’s a grenade, chucked right into the Democrat race,” Varney said. “In politics, a man with all that money is a game-changer. Just by taking the first step, Bloomberg has already changed the game.”
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Varney said the entrance of Bloomberg into the race will cause a complete division split, based on the current candidates’ strong campaigns for anti-wealth.
“Front-running Democrats, Warren and Sanders… rail against the rich but now they have one of the richest people in the world running against them, from inside their own party,” he said on Friday.
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Bloomberg is considered a moderate, as well as Joe Biden. Varney said this is a “huge problem” for Biden, being that Bloomberg is the stronger of the two.