Former New York City mayor Mike Bloomberg has suspended his 2020 presidential campaign and announced Wednesday morning that he will endorse former Vice President Joe Biden.
The decision comes one day after a disappointing Super Tuesday performance. Bloomberg spent $500 million nationwide on his campaign since joining in November 2019, according tothe Wall Street Journal. He skipped getting on the ballot in the first four states, putting everything into the 14 states and the territory of American Samoa that were contested Tuesday.