"I think it's clear this president at this point cannot be helped, and the training wheels that the staff tried to put on in the Oval Office have not worked," said Bloomberg, a 76-year-old media mogul who served three terms as New York mayor. "The president is just flunking every single test."
Bloomberg repeatedly hinted that he could mount a campaign for the Democratic nomination and join a large field hoping to challenge Trump in the November 2020 election.
The billionaire political activist and founder of a media company that bears his name would bring a famous brand and business background to the field of Democrats that is expected to grow to as many as two dozen.
"We’ve got to make sure we’ve got someone different in the White House and I’m committed to that," Bloomberg said. "Who here would hire Donald Trump to run their company? No. We’re his boss though. We’re the board of directors. And we should do what any board of directors would do in the private sector."