Michael Bloomberg drops out of Presidential race

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Asked about Bloomberg’s spending last month, House Speaker Nancy Pelosi was encouraging. “As far as Michael Bloomberg is concerned, I think that his involvement in this campaign will be a positive one,” she told reporters.

While Mr. Bloomberg’s departure from the race was meant to help unite the Democratic Party — and avoid splintering moderate or independent voters by drawing them away from Mr. Biden — Senator Bernie Sanders of Vermont remained a strong contender in the race and was on track to capture a sizable number of delegates in Tuesday’s contests.

Over the course of his campaign, Mr. Bloomberg had argued against the danger of not just the re-election of President Trump but also the nomination of Mr. Sanders, whom he called incapable of defeating the president. “I don’t think the country wants revolutionary change,” he said this week. “I think the country wants evolutionary change, and Sanders is a very revolutionary kind of guy.”

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