Bloomberg: I'd use 'only my own money' for potential 2020 bid

Bloomberg: I'd use 'only my own money' for potential 2020 bid

Former New York City Mayor Michael Bloomberg said Friday that his campaign will be self-funded if he runs for president in 2020.

"I ran three times. I used only my own money so I didn't have to ask anybody what they wanted in return for a contribution," Bloomberg told reporters in Texas, according to Chron.

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"And, if I ran again, I would do the same thing. I think not having to adjust what you say and what you work on based on who financed your campaign is one of the things that the public really likes."

"I understand not everybody can be self-funded but those that can, I think, should," he added.

Bloomberg, who won elections in New York City as a Republican and Independent, is considering a presidential run as a Democrat.

He has said he'll decide by February on whether or not to pursue the nomination.

If he does, Bloomberg might join a crowded field of Democratic hopefuls including Sens. Elizabeth WarrenElizabeth Ann WarrenIdentity politics and the race for the Democratic nomination O'Rourke’s strategy: Show Americans the real Beto 2020 Democrats barnstorm the country for MLK weekend MORE (D-Mass.), Bernie SandersBernard (Bernie) SandersIdentity politics and the race for the Democratic nomination 2020 Democrats barnstorm the country for MLK weekend Bill Maher defends Bernie Sanders campaign over sexual harassment allegations MORE (I-Vt.), Kamala HarrisKamala Devi HarrisIdentity politics and the race for the Democratic nomination O'Rourke’s strategy: Show Americans the real Beto 2020 Democrats barnstorm the country for MLK weekend MORE (D-Ca.) and Cory BookerCory Anthony BookerJimmy Carter tells Booker: 'I hope you run for president' Identity politics and the race for the Democratic nomination 2020 Democrats barnstorm the country for MLK weekend MORE (D-N.J.).

Former Rep. Beto O'RourkeRobert (Beto) Francis O'RourkeIdentity politics and the race for the Democratic nomination O'Rourke’s strategy: Show Americans the real Beto Ex-Michelle Obama aide says O'Rourke's road trip is a 'listening tour' in form of a travel blog MORE (D-Texas) and former Vice President Joe BidenJoseph (Joe) Robinette Biden2020 Democrats barnstorm the country for MLK weekend BuzzFeed story has more to say about media than the president Kamala Harris picks Baltimore as headquarters for potential 2020 campaign: report MORE may also be in contention.