https://www.realclearpolitics.com/articles/2018/11/17/bloomberg_eyes_2020_but_would_dems_warm_to_him_138681.html
The new hero of the Democratic Party is Mike Bloomberg. The former three-term New York City mayor, through his Independence USA PAC, put $110 million into 24 suburban House district races with the goal of flipping the chamber’s majority to the Democrats. The investment apparently paid off: 21 out of the 24 candidates he supported won, in most cases by defeating incumbent Republicans, who were outspent by at least 2-to-1.
One of the most effective parts of his strategy was a $45 million “surprise attack” in television ads over the last two weeks of the midterms in expensive media markets such as Atlanta and Miami. He also spent $5 million the weekend before Election Day airing a two-minute ad of himself talking directly into the camera about the importance of voting for Democrats to send Donald Trump a message.
Those efforts were appreciated. Nancy Pelosi, the once and likely next House speaker, made a special visit to New York City to personally thank him and other donors for their efforts in helping Democrats retake the majority.
What’s Mike Bloomberg’s end game here? His high-profile role has raised speculation that he’s contemplating a 2020 presidential run. At 76, he’s announced he’ll make a decision about 2020 sometime in January or February. It’s no secret that he wanted to run in 2016, but took a pass after realizing it would be impossible to win as an independent.
With his eye still on the Oval Office, he’s switched parties — for the third time in 18 years. Bloomberg’s now gone from being a Democrat to a Republican to an Independent and back to a Democrat. This lack of allegiance to any party will most likely not play well with Democratic base voters, who want to know that candidates are true believers. “Democrats will see him as using their party as his own means to an end, as he did with the Republican Party. It’s all about him,” said Joe Borelli, a Republican City Council member from Staten Island.