U.S. President Donald Trump speaks to members of the media on the South Lawn prior to his departure from the White House March 22, 2019 in Washington, DC.
Alex Wong | Getty Images
President Donald Trump on Friday taunted former New York Mayor and multibillionaire Michael Bloomberg amid reports that he is preparing a late entry into the already crowded 2020 Democratic primary race.
“He’s not going to do well but I think he’s going to hurt [former Vice President Joe] Biden actually,” Trump, 73, said of Bloomberg. “There’s nobody I’d rather run against than little Michael.”
“He doesn’t have the magic to do well,” Trump added. “Little Michael will fail.”
Trump also said that Bloomberg has “some personal problems” and that he may “spend a lot of money” on a campaign, but “he will not do very well.”
Bloomberg, 77, has not formally announced his presidential campaign yet. A source told CNBC that while Bloomberg is “still not sure” if he will launch a White House bid, he is “troubled” by the…