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Michael Bloomberg officially enters 2020 Democratic race

Former New York City Mayor and billionaire Michael Bloomberg officially decided to enter the democratic race. He reportedly dropped more than $30 million dollars in an ad campaign to kick off his candidacy that will be out this week. Yahoo Finance’s Adam Shapiro, Julie Hyman, Brian Sozzi and Rick Newman discuss with Lending Tree Chief Economist Tendayi Kapfidze on On the Move.