Billionaire Michael Bloomberg is now considering a potential race for President of the United States. The former Mayor of New York, who has flirted with the race many times, has reportedly become concerned with the possibility that ultra-progressive U.S. Senator Elizabeth Warren (D-MA) will win the Democratic Party’s presidential nomination, but not be able to defeat President Donald Trump in the 2020 general election. According to Democratic pollster Jef Pollack, Bloomberg’s move “reflects a feeling that the field cannot beat Donald Trump.”