Bloomberg suspends presidential campaign

Former New York Mayor drops his bid for the presidency after poor Super Tuesday performance.

Gary Willig ,

Michael Bloomberg
Michael Bloomberg

Former New York Mayor Michael Bloomberg suspended his election campaign Wednesday after a poor performance on 'Super Tuesday,' Axios reported.

In a message sent to supporters, Bloomberg stated: "Three months ago, I entered the race for President to defeat Donald Trump. Today, I am leaving the race for the same reason: to defeat Donald Trump - because it is clear to me that staying in would make achieving that goal more difficult."

Bloomberg announced his endorsement of former Vice President Joe Biden.