He has ‘a lot of money to spend, so do we,’ says Trump campaign of Bloomberg 2020 run

President Donald Trump has been uncharacteristically quiet on Michael Bloomberg, declining to publicly attack the media mogul and philanthropist since the Democrat launched his White House bid last month.

The president has not mentioned Bloomberg at rallies, where he regularly derides Democratic presidential candidates Joe Biden, Elizabeth Warren, Bernie Sanders, and Pete Buttigieg with zeal.

Trump’s campaign says it is unfazed by the billionaire, who has spent $100 million of his own money on advertising and voter registration efforts for a relatively late entry in the race for the Democratic nomination. That amount does not include other campaign spending such as on staff, travel, and offices since Bloomberg entered the race in November after saying earlier in the year that he would not compete in 2020.

“At this point in the game, I don’t know that you recover from that. He hasn’t been in any debates, people haven’t really heard much from him,” said Lara Trump, a senior adviser to the president’s reelection campaign and his daughter-in-law. “While he does have a lot of money to spend, so do we. We have a ton of money at the Trump campaign.”

The Republican National Committee and the Trump campaign raised a combined $125 million in the third quarter of 2019. Bloomberg’s fundraising will not be revealed until next week, when every presidential candidate is required to file a year-end report. However, the candidate has said he will reject all political donations and will self-fund his entire campaign.

The former New York City mayor — who Donald Trump taunted in 2016 as not having “the guts to run for president” — currently has a net worth of $55. 9 billion.

According to Forbes, Bloomberg is the eighth wealthiest American. Donald Trump ranks 275th on the list with a projected net worth of $3.7 billion.

Republicans close to the national party told McClatchy that when Bloomberg was preparing to enter the race they worried the self-made billionaire would get under Trump’s skin.

But Tim Murtaugh, a Trump campaign spokesman, told McClatchy in a statement, “We don’t spend a lot of time thinking about Mike Bloomberg.”

Bloomberg spokesman Michael Frazier, in an email to McClatchy, responded, “The Trump campaign has a funny way of showing they aren’t thinking about Mike. Maybe they can explain why they’ve criticized each of our office openings in battleground states, or why their campaign manager banned Bloomberg News from their events?”

After Bloomberg entered the race, the Trump campaign said it would no longer give credentials to reporters who work for Bloomberg News, although none of them have been prevented from attending his rallies so far.

While Trump may privately be bothered by the rival billionaire, he has barely let it show in public.

The president has mentioned Bloomberg once on Twitter, calling him “Mini Mike Bloomberg,” since the party-switching New Yorker announced his candidacy for the Democratic nomination.

Trump has acknowledged Bloomberg just two other times during the same time frame in retweets of others’ comments.

In a recent interview Trump only referred to Bloomberg to compare him unfavorably to Rudy Giuliani, another former New York City mayor who currently serves as the president’s personal attorney.

Trump responded to a question about Bloomberg’s bid for the Oval Office on the South Lawn of the White House on Nov. 8.

“He doesn’t have the magic to do well,” Trump said. “Little Michael will fail. He’ll spend a lot of money. He’s got some really big issues, he’s got some personal problems, and he’s got a lot of other problems.”

Money isn’t one of them, as Trump himself acknowledged.

Bloomberg’s billions have allowed him to invest early in states in the upper Midwest that will be crucial in next year’s general election. He is not competing in four states that have traditionally shaped the Democratic primary.

The states that Bloomberg is targeting were intended to form a “Blue Wall” that would prevent Trump from winning the 2016 presidential election. Trump carried three -- Wisconsin, Pennsylvania and Michigan -- by less than one percent. A poll conducted by public affairs firm Firehouse Strategies, which is run by former aides to Republican Marco Rubio, shows Trump with an edge in those three states.

Trump campaign officials say they are building up their operation in 17 states, including the Midwest, to fend off any Democrat who wins the party’s nomination.

One official, at a Dec. 12 briefing for reporters, suggested the campaign is expecting to face a Democratic opponent who has spent the last eight months focusing on states that hold early primaries and caucuses while Trump rallies his supporters repeatedly in states like Pennsylvania.

Bloomberg’s campaign told McClatchy in December that the candidate plans to open 13 offices in Pennsylvania, 12 in Ohio, nine in Michigan and seven in Wisconsin. He says he will keep offices in those states open until next November, irrespective of whether he becomes the Democratic nominee for president.

“Somebody said to me the other day that you’re spending a lot of money,” Bloomberg said at his office opening in Milwaukee on Dec. 21. “And I said, ‘yes, I’m making an investment in replacing Donald Trump. It’s the best investment I could ever make. You want me to spend more or less?’”

Lara Trump, who is married to the president’s son Eric, told McClatchy that Bloomberg does not have widespread name recognition and campaign advertising dollars generate a finite amount of voter enthusiasm.

“Yeah, he’s a very wealthy guy, he can spend a lot of money, but I don’t think a lot of people around this country quite frankly know Michael Bloomberg very well,” she said.

Bloomberg has not charted double-digit support in any national surveys, but he has consistently polled in fifth place behind Joe Biden, Elizabeth Warren, Bernie Sanders and Pete Buttigieg. He polls at 4.9 percent nationally on average.

Lara Trump said she doesn’t see Bloomberg catching up. The candidates attracting the most combined support in the Democratic field are Warren and Sanders, both of whom are shunning the ultra-wealthy and have focused their campaign fundraising on grassroots donations.

“Those are the people that seem to have a lot of momentum behind them,” Lara Trump said. “I don’t see him getting that energy,” she said of Bloomberg.