Bloomberg Squashes Talk of Presidential Bid

New York City Mayor Michael Bloomberg has changed his party affiliation from Republican to unaffiliated, fueling speculation that he intends to run for president. A third-party candidate would make waves in the presidential pool, but Bloomberg says he isn't jumping in.

Amy Walter of the online magazine The Hotline talks with Melissa Block about the possibility of a Bloomberg candidacy, how it would affect the political landscape, and what types of voters would be drawn to him.

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