Bloomberg Heading Toward Raising $100 Million For Democrats, Passing $80M Goal

New York City Mayor Michael Bloomberg Image by Getty Images

By Alyssa Fisher September 27, 2018

Former New York mayor Michael Bloomberg is likely to spend $100 million on the midterm House of Representatives races, Fortune reported.

Bloomberg, a potential 2020 presidential candidate, has already met the $80 million he promised to spend to ensure the Democrats get control of the House.

Half of the money will go to women candidates, a Bloomberg adviser told Axios.

“We should have a better balance,” Bloomberg said Wednesday at the second annual Bloomberg Global Business Forum. “I’ve always been in favor of that in business and everything else.”

Alyssa Fisher is a news writer at the Forward. Email her at [email protected], or follow her on Twitter at @alyssalfisher

A message from our Publisher & CEO Rachel Fishman Feddersen

I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward’s award-winning, nonprofit journalism during this critical time.

The coming year promises to be filled with more complex and historic developments. We are entering an era where independent, fact-based Jewish journalism will be more important than ever. We need to be ready for whatever 2025 will bring, and with your help, we can be.

We’ve set a goal to raise $260,000 by December 31. That’s an ambitious goal, but one that will give us the resources we need to invest in the high quality news, opinion, analysis and cultural coverage that isn’t available anywhere else.

If you feel inspired to make an impact, now is the time to give something back. Join us as a member at your most generous level.

— Rachel Fishman Feddersen, Publisher and CEO