Willard Mitt Romney (born March 12, 1947) is an American politician, businessman and former presidential candidate who has served as the junior United...
Willard Mitt Romney (born March 12, 1947) is an American politician, businessman and former presidential candidate who has served as the junior United States senator from Utah since January 2019. He previously served as the 70th governor of Massachusetts from 2003 to 2007 and was the Republican Party's nominee for president of the United States in the 2012 election.
Raised in Bloomfield Hills, Michigan, by his parents, George and Lenore Romney, he spent over two years from 1966 in France as a Mormon missionary. He married Ann Davies in 1969; they have five sons. By 1971, he had participated in the political campaigns of both parents. In 1971 Romney graduated as a Bachelor of Arts in English from Brigham Young University (BYU) and in 1975 gained the JD–MBA degree from Harvard. Romney became a management consultant and in 1977 joined Bain & Company in Boston. As Bain's chief executive officer (CEO), he later helped lead the company out of a financial crisis. In 1984, he co-founded and led the spin-off company Bain Capital, a private equity investment firm that became one of the largest of its kind in the nation. Active in The Church of Jesus Christ of Latter-day Saints (LDS Church) throughout his adult life, Romney served as bishop of his ward and later as a stake president, for an area covering Boston and many of its suburbs.
After stepping down from Bain Capital and his local leadership role in the LDS Church, Romney ran as the Republican candidate in the 1994 United States Senate election in Massachusetts. After losing to longtime incumbent Ted Kennedy, he resumed his position at Bain Capital. Years later, a successful stint as president and CEO of the then-struggling Salt Lake Organizing Committee for the 2002 Winter Olympics led to a re-launch of his political career. Elected Governor of Massachusetts in 2002, Romney helped develop and later signed a health care reform law (commonly referred to as "Romneycare") that provided near-universal health insurance access through state-level subsidies and individual mandates to purchase insurance. He also presided over the elimination of a projected $1.2–1.5 billion deficit through a combination of spending cuts, increased fees and closing corporate tax loopholes. He did not seek re-election in 2006, instead focusing on his campaign for the Republican nomination in the 2008 U.S. presidential election. Though he won several primaries and caucuses, Romney ultimately lost the nomination to Senator John McCain. Romney's considerable net worth, estimated in 2012 at $190–250 million, helped finance his political campaigns prior to 2012. Romney again ran for and won the Republican presidential nomination in 2012, becoming the first Mormon to be a presidential nominee of a major party. He was defeated by incumbent Democratic President Barack Obama in the 2012 presidential election, losing the Electoral College by a margin of 206–332 and the popular vote by a margin of 47–51%.
After re-establishing residency in Utah, Romney announced his campaign for the U.S. Senate seat held by the retiring Orrin Hatch in the 2018 election; he defeated state representative Mike Kennedy in the Republican primary and Democrat Jenny Wilson in the general election. In doing so, he became only the third individual ever to be elected governor of one state and U.S. senator for another state (the others being Sam Houston and William Bibb). Romney was sworn in on January 3, 2019. In the impeachment trial of Donald Trump, he voted to convict the president of abuse of power (over Trump's attempts to get Ukrainian President Volodymyr Zelensky to announce an investigation into his political rival Joe Biden), becoming the first and only senator in U.S. history to vote to convict a president of his own party.
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Michael Bloomberg
Michael Rubens Bloomberg (born February 14, 1942) is an American businessman, politician, philanthropist, and author. He is the majority owner and co...
Michael Rubens Bloomberg (born February 14, 1942) is an American businessman, politician, philanthropist, and author. He is the majority owner and co-founder of Bloomberg L.P. He was the mayor of New York City from 2002 to 2013, and was a candidate for the 2020 Democratic nomination for president of the United States.
Bloomberg grew up in Medford, Massachusetts, and graduated from Johns Hopkins University and Harvard Business School. He began his career at the securities brokerage Salomon Brothers before forming his own company in 1981. That company, Bloomberg L.P., is a financial information, software and media firm that is known for its Bloomberg Terminal. Bloomberg spent the next twenty years as its chairman and CEO. In 2020, Forbes ranked him as the sixteenth-richest person in the world, with an estimated net worth of $48 billion as of April 7, 2020 and as of July 21, 2020, Bloomberg ranked 8th in Forbes 400 with net worth $60.1 billion. Since signing The Giving Pledge, Bloomberg has given away $8.2 billion.
Bloomberg was elected the 108th mayor of New York City. First elected in 2001, he held office for three consecutive terms, winning re-election in 2005 and in 2009. Pursuing socially liberal and fiscally moderate policies, Bloomberg developed a technocratic managerial style. After a brief stint as a full-time philanthropist, he re-assumed the position of CEO at Bloomberg L.P. by the end of 2014.
As mayor of New York, Bloomberg established public charter schools, rebuilt urban infrastructure, and supported gun control, public health initiatives, and environmental protections. He also led a rezoning of large areas of the city, which facilitated massive and widespread new commercial and residential construction after the September 11 attacks. Bloomberg is considered to have had far-reaching influence on the politics, business sector, and culture of New York City during his three terms as mayor. He has also faced significant criticism for his expansion of the city's stop and frisk program, support for which he reversed with an apology before his 2020 presidential run.In November 2019, Bloomberg officially launched his campaign for the Democratic nomination for president of the United States in the 2020 election. He ended his campaign in March 2020, after having won only 61 delegates. Bloomberg self-funded $935 million for his candidacy, which set the record for the most expensive U.S. presidential primary campaign.
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