WASHINGTON _ Michael Bloomberg is dropping out of the 2020 presidential race and endorsing Joe Biden after a lackluster Super Tuesday showing, his campaign announced Wednesday.
Bloomberg won't have the chance to see how his strategy of spending millions on TV ads and appearing at more campaign events in Florida than any other candidate would stack up against Biden and Vermont Sen. Bernie Sanders, the two leading candidates left in the race.
"Three months ago, I entered the race for president to defeat Donald Trump," Bloomberg said in a statement. "Today, I am leaving the race for the same reason: to defeat Donald Trump � because it is clear to me that staying in would make achieving that goal more difficult. I'm a believer in using data to inform decisions. After yesterday's results, the delegate math has become virtually impossible � and a viable path to the nomination no longer exists. But I remain clear-eyed about my overriding objective: victory in November. Not for me, but for our country."