Bloomberg says he is eyeing 2016 run for the White House

Michael Bloomberg, the billionaire media owner and former New York mayor, has stated for the first time that he is considering a run for US president, a move that would dramatically reshape the 2016 race for the White House. “I find the level of discourse and discussion distressingly banal and an outrage and an insult to the voters,” Mr Bloomberg said in an interview, before adding that the US public deserved “a lot better.” He reportedly also has reservations about the campaign of Mrs Clinton, who has dismissed the threat of his possible candidacy by arguing that he would only ​enter ​the race if she was not the Democratic nominee. But the strong challenge being posed by Mr Sanders raises the chances that the Democratic nominee will not be chosen by early March, the point at which Mr Bloomberg would need to make a decision about entering the race.