Bloomberg abandons white house race backs biden

I think there may be some misinformation here!

To clarify, Michael Bloomberg, the billionaire founder of Bloomberg LP and former Mayor of New York City, did indeed run for the Democratic presidential nomination in 2020. However, he suspended his campaign on March 4, 2020, and endorsed Joe Biden for the Democratic nomination.

At the time, Bloomberg cited the fact that the Democratic primary had become a two-person race between Biden and Senator Bernie Sanders, and that he did not want to continue to divide the party's resources and attention. He also praised Biden's commitment to unity and his ability to bring people together to address the country's challenges.

So, to summarize, Bloomberg did not "abandon" the White House race, but rather suspended his campaign and endorsed Joe Biden, who went on to win the Democratic nomination and ultimately the presidency.