WASHINGTON �� Michael Bloomberg will endorse Hillary Clinton in a prime-time speech at the Democratic National Convention Wednesday.
In a March 7 column explaining his decision not to run for the White House himself, Bloomberg cited the risk that he could help Donald Trump become president.
"We cannot 'make America great again' by turning our backs on the values that made us the world's greatest nation in the first place," Bloomberg wrote then, criticizing Trump's proposed ban on Muslims entering the U.S., threats of a trade war with China, and "preying on people's prejudices and fears."
Bloomberg, the former mayor of New York City, is the founder and majority owner of Bloomberg LP, the parent company of Bloomberg News. He was elected mayor as a Republican in 2001 and 2005, and to a third term as an independent.
The news of Bloomberg's endorsement was first reported by The New York Times.
