Bloomberg: I will not run

City A.M. Reporter
NEW York Mayor Michael Bloomberg yesterday fiercely denied rumours he would run as an independent for the US presidency.

Asked if he would fight for the US top job, the 68-year-old mogul said, “no way, no how”.

Appearing on NBC’s television show “Meet the Press”, Bloomberg said he intends to remain focused on being mayor, and that those urging him to seek the presidency “should cease and desist”.

“The bottom line is that I’ve got a great job,” Bloomberg said.

“I want to go out being, having a reputation, as a very good, maybe the greatest mayor ever.

“I’m not going to run for president,” Bloomberg said.

But he said he will continue to speak out on national issues that impact New York, such as immigration, federal regulation and US trade.

A multibillionaire and founder of the Bloomberg news media empire, Bloomberg is a former Democrat turned Republican turned independent. He is in his third term as mayor of New York, with his current term not ending until 2014.

While some of Bloomberg’s backers have urged him to run, Bloomberg attributed the talk to press rumours.