Billionaire and former presidential candidate Mike Bloomberg is considering a major spending blitz to back Joe Biden’s
White House bid, CNBC reported on Friday. The former
New York mayor is committed to funding the candidate but is unsure whether the money will go to pro-Biden Super PACS, Biden's joint fundraising effort with the
Democratic National Committee (DNC) or another independent group, the network reported, citing people familiar with the conversations. Former Vice President Biden is the presumptive Democratic nominee to take on U.S. President
Donald Trump in November.