Bloomberg out, Biden resurgent after Super Tuesday victories
WASHINGTON — New York billionaire Mike Bloomberg suspended his presidential campaign Wednesday and Massachusetts Sen. Elizabeth Warren was reassessing her candidacy, as the winnowing process in the Democrats’ 2020 nomination fight lurched forward after a consequential Super Tuesday.
Bloomberg quit the race just 101 days after he got in despite pouring more than $500 million of his personal fortune into his campaign. The massive investment netted him a single win in American Samoa.
Bloomberg became the third failed Democratic presidential contender in three days to endorse Joe Biden.
The development came just hours after a resurgent Biden scored Super Tuesday victories from Texas to Massachusetts, revitalizing a presidential bid that was teetering on the edge of disaster just days earlier. Biden and Bloomberg spoke Wednesday morning, according to two sources familiar with the situation who were not authorized to disclosure private conversations.