Trish Regan declares Bloomberg as the 'real power' behind the 2020 Democrats

There's a new billionaire in town, Regan says

FOX Business' Trish Regan said the new power in the Democratic party is emanating from a single source: Billionaire Michael Bloomberg.

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Bloomberg, Regan noted, contributed a $41 million to House races in 2018 and, therefore, had influence over the House's impeachment proceedings.

But Regan reminded people, "You ain't seen nothing yet!"

Regan advised George Soros, Tom Steyer and Donald Sussman to "step aside, because, there's a new, new billionaire in town."

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"One who happens to be running for president himself," Regan noted.

Regan, who once hosted a two-hour daily markets program on Bloomberg Television and anchored all Bloomberg's primetime political coverage, concluded that, while "Mike Bloomberg may lack the charisma to see [the presidency] through ... what he lacks in charm, he makes up for in money."

And Bloomberg wants to spend that money.

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"If you thought Soros or Adelson had big pockets, consider this," Regan said. "Soros only directly spent $20 million helping the Dems in 2016. Tom Steyer spent more than four times that at $89 million and, Sheldon Adelson spent $87 million for Republicans," she said. "But, Mike Bloomberg? He is said to be willing to spend $2 billion to help the Democrat candidate, whomever it is, beat President Trump."

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Bloomberg is not participating in the Iowa caucuses and won't be on the ballots of other early-voting states, including New Hampshire, South Carolina and Nevada, instead concentrating his vast, $60 billion fortune on states that vote on March 3, when a whopping 1,357 Democratic delegates will be awarded.

He’s also not accepting donations, meaning he is unable to appear in the debates due to the Democratic National Committee's qualifying rules, which require a candidate to ascertain a number of individual campaign donors.

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