Bloomberg withdraws from presidential race

Three months ago, I entered the presidential race to defeat Donald Trump. Today, I am leaving the race for the same reason,” he said in a statement.

Bloomberg has spent more than $500m of his money in the race to become the Democratic Party candidate.

“There is no longer any chance of securing the nomination of the Democrats”, Bloomberg has indicated through a statement.

Supporting Beden, Bloomberg has said it will work to make him the next president of the US.