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Mike Bloomberg 2020 Makes Transfer of $18 Million to Democratic National Committee

March 20, 2020

NEW YORK — Today, Mike Bloomberg 2020 announced a transfer of $18 million to the Democratic National Committee’s (DNC) Coordinated Campaign to help Democrats win up and down the ballot in November. This is the largest transfer from a presidential campaign in recent history. Additionally, Mike Bloomberg 2020 will also transfer several of its former field offices to state parties and help accelerate the hiring pace for important positions in organizing, data, and operations across key battleground states. The campaign believes this investment will dramatically expand the DNC’s Battleground Build-Up 2020 efforts across battleground states, drawing in part from our own incredibly experienced and talented organizing staff. Staff in the six battleground states notified today will be employed and paid through the first week in April and have full benefits through the end of April.

Below is a memo from the Mike Bloomberg 2020 campaign to Tom Perez, Chair of the Democratic National Committee, outlining next steps.

TO: Tom Perez, Chair of the Democratic National Committee

FROM: Mike Bloomberg 2020 Campaign

DATE: March 20, 2020

RE: Bloomberg Campaign Next Steps

There is no greater threat to our Democracy than the current occupant in the White House, and Mike launched his campaign with the fundamental goal of defeating him and energizing Democratic victories up and down the ballot.

During Mike’s campaign, we made defeating Donald Trump a priority, including organizing early in states that don’t often get Primary attention and through a $275 million media blitz to remind voters of President Trump’s failures and broken promises. We also did not run any negative TV ads against fellow Democratic candidates. Until our campaign kicked off this effort, Trump was the only candidate on either side who was campaigning and holding rallies in the key states that will decide the 2020 election.

As Mike said throughout the campaign, he would support whomever the eventual Democratic nominee is, as well as Democrats in key races that we must elect to help undo the damage President Trump has done in office. While our campaign has ended, Mike’s number one objective this year remains defeating Trump and helping Democrats win in November.

The existential threat posed by Trump has become abundantly clear in his complete mismanagement of the Coronavirus crisis — a crisis that has profound implications for our economy, our public health and our way of life. But we should also not assume that Trump’s incompetence will be enough to make him a one-term President. Trump’s ability to lie and propagate misinformation, particularly using digital tools and other means with swing voters in battleground states, will continue to ensure a close race in November. Every decision we make as Democrats must account for this.

While we considered creating our own independent entity to support the nominee and hold the President accountable, this race is too important to have many competing groups with good intentions but that are not coordinated and united in strategy and execution. The dynamics of the race have also fundamentally changed, and it is critically important that we all do everything we can to support our eventual nominee and scale the Democratic Party’s general election efforts.

We therefore believe the best thing we can all do over the next eight months is to help the group that matters most in this fight: the Democratic National Committee.

That is why Mike Bloomberg 2020 has decided to make a transfer of $18 million to the Democratic National Committee’s organizing efforts and Coordinated Campaign to help Democrats win up and down the ballot this fall. In particular, we hope this investment will dramatically expand the DNC’s Battleground Build-Up 2020 efforts across battleground states, drawing in part from our own incredibly experienced and talented organizing staff.

Mike Bloomberg 2020 will also transfer several of its former field offices to state parties and help accelerate the hiring pace for important positions in organizing, data, and operations across key battleground states.

Mike Bloomberg entered this race to ensure Democrats win — keeping the House blue, flipping the Senate, winning key state and local races, and taking back the White House — and this commitment through November helps do exactly that. By supporting the Democratic Party, we look forward to November and taking on our unified goal of beating Donald Trump.

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