Former New York City Mayor Michael Bloomberg has ended his presidential bid after a disappointing showing on Super Tuesday, throwing his support behind former Vice President Joe Biden.
“I’ve always believed that defeating Donald Trump starts with uniting behind the candidate with the best shot to do it. After yesterday’s vote, it is clear that candidate is my friend and a great American, Joe Biden,” Bloomberg said in a statement. “I know his decency, his honesty, and his commitment to the issues that are so important to our country – including gun safety, health care, climate change, and good jobs.”
Biden won more than half of Super Tuesday’s 14 contests, while Bloomberg, who spent hundreds of millions of dollars campaigning, won only American Samoa and came in fourth when it comes to picking up delegates.
Bloomberg said his decision was largely driven by data. Staying in the race, he said, would make a Democratic win come November more difficult.
“After yesterday’s results, the delegate math has become virtually impossible – and a viable path to the nomination no longer exists,” he said. “But I remain clear-eyed about my overriding objective: victory in November. Not for me, but for our country. And so while I will not be the nominee, I will not walk away from the most important political fight of my life.”
Bloomberg pledged to spend upwards of $1 billion to oust President Donald Trump from the White House.
The financial and organizational support from Bloomberg could prove fruitful to Biden, as the primary appears to have quickly become a two-man race between the vice president and Sen. Bernie Sanders, who won two out of the first three contests and nearly tied for a victory in Iowa.
Sen. Elizabeth Warren lost her home state of Massachusetts and came in third on Super Tuesday in earning three dozen delegates, but that figure pales in comparison to the 400 and 340 picked up by Biden and Sanders.