After spending more than $500 million on the race and winning only the tiny territory of American Samoa, former New York City Mayor Mike Bloomberg ended his presidential campaign Wednesday morning, endorsing former Vice President Joe Biden. A late entry into the race, the billionaire ex-Republican shot up the polls with an unprecedented advertising blitz. But outside his TV ads, he was an ineffective campaigner easily torched on the debate stage.
What's next? "Defeating Donald Trump starts with uniting behind the candidate with the best shot to do it," Bloomberg said in a statement — as he prepared to unleash his bottomless checkbook on Biden's behalf.