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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Howard Dean
Howard Brush Dean III (born November 17, 1948) is an American physician, author, and retired politician who served as Governor of Vermont from 1991 to...
Howard Brush Dean III (born November 17, 1948) is an American physician, author, and retired politician who served as Governor of Vermont from 1991 to 2003 and Chair of the Democratic National Committee (DNC) from 2005 to 2009. Dean was a candidate for the Democratic nomination in the 2004 presidential election. His implementation of the fifty-state strategy as head of the DNC is credited with the Democratic victories in the 2006 and 2008 elections. Afterward, he became a political commentator and consultant to McKenna Long & Aldridge, a law and lobbying firm.
Before entering politics, Dean earned his medical degree from the Albert Einstein College of Medicine in 1978. Dean served as a member of the Vermont House of Representatives from 1983 to 1986 and as Lieutenant Governor of Vermont from 1987 to 1991. Both were part-time positions that enabled him to continue practicing medicine. In 1991, Dean became governor of Vermont when Richard A. Snelling died in office. Dean was subsequently elected to five two-year terms, serving from 1991 to 2003, making him the second longest-serving governor in Vermont history, after Thomas Chittenden (1778–1789 and 1790–1797). Dean served as chairman of the National Governors Association from 1994 to 1995; during his term, Vermont paid off much of its public debt and had a balanced budget 11 times, lowering income taxes twice. Dean also oversaw the expansion of the "Dr. Dynasaur" program, which ensures universal health care for children and pregnant women in the state. He is a noted staunch supporter of universal health care.Dean denounced the 2003 invasion of Iraq and called on Democrats to oppose the Bush administration. In the 2004 election, Dean was the top fundraiser and front runner, prior to the Iowa caucus, for the Democratic Party presidential nomination. Although he lost the nomination to Senator John Kerry of Massachusetts, Dean pioneered Internet-based fundraising and grassroots organizing, which is centered on mass appeal to small donors which is more cost efficient than the more expensive contacting of fewer potential larger donors, and promotes active participatory democracy among the general public. In 2004, Dean founded Democracy for America, a progressive political action committee. He was later elected chairman of the Democratic National Committee in February 2005. As chairman of the party, Dean created and employed the 50 State Strategy that attempted to make Democrats competitive in normally conservative states often dismissed in the past as "solid red". The success of the strategy became apparent after the 2006 midterm elections, where Democrats took back the House and picked up seats in the Senate from normally Republican states such as Missouri and Montana. In the 2008 presidential election, Barack Obama used the 50 state strategy as the backbone of his candidacy.
Dean was named chairman emeritus of the DNC upon his retirement. Since retiring from the DNC chairman position, Dean has held neither elected office nor an official position in the Democratic Party and, as of 2015, was working for global law firm Dentons as part of the firm's public policy and regulation practice. In 2013, Dean expressed interest in running for the presidency in 2016, but instead supported former Secretary of State Hillary Clinton's run for president. Dean endorsed Clinton over her competitor Senator Bernie Sanders in spite of the fact that Sanders represented the state of Vermont, where Dean had been governor.
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