Bloomberg Drops Out, Endorses Biden

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Former New York City Mayor Mike Bloomberg who spent half a billion into his Democratic presidential campaign announced that he is dropping out after a disappointing showing on Super Tuesday and is endorsing former Vice President Joe Biden.

“Three months ago, I entered the race for President to defeat Donald Trump. Today, I am leaving the race for the same reason: to defeat Donald Trump — because it is clear to me that staying in would make achieving that goal more difficult,” Bloomberg said in a statement Wednesday morning. 

“After yesterday’s results, the delegate math has become virtually impossible – and a viable path to the nomination no longer exists. But I remain clear-eyed about my overriding objective: victory in November. Not for me, but for our country,” he added.