By Mark Niquette | Bloomberg.com
Michael Bloomberg endorsed Joe Biden for the Democratic nomination as he ended his presidential campaign on Wednesday and pledged to continue working to defeat President Donald Trump.
Bloomberg said in a New York speech that after the results of the Super Tuesday voting, he no longer had a viable path to the nomination and didn’t want to hurt the party’s chances.
He had spent a record $687 million of his own money on the effort, but Biden dominated the Super Tuesday vote, winning 10 states of 14. Bloomberg earned at least 53 delegates, compared to at least 566 for Biden.
“I entered the race for president to defeat Donald Trump,” Bloomberg said. “And today, I am leaving the race for the same reason – to defeat Donald Trump, because staying in would make it more difficult to achieve that goal.”