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

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

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