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

New York City Mayor Michael Bloomberg Image by Getty Images
Sign up for Forwarding the News, our essential morning briefing with trusted, nonpartisan news and analysis, curated by Senior Writer Benyamin Cohen.
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