FAST FIVE: Bloomberg Officially Files Paperwork For 2020 Presidential Primary

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And yet despite virtually unlimited funds, and having a firm lane in which to run, Bloomberg's path to the 2020 nomination will be far from easy.

Bloomberg will face questions about his record as a three-term mayor of New York, particularly from the Democratic Party's vocal progressive wing, and about why he is needed in a race that still has 17 candidates vying to challenge Republican President Donald Trump in November 2020.  “There is no constituency for Michael Bloomberg that isn't already taken by one of the candidates who are already running,” said Charles Chamberlain, chair of the Vermont-based progressive group Democracy for America.

But Bloomberg is skeptical that any of the current candidates can beat Trump, according to a spokesman.

A Monmouth University poll taken in late October and early November found three-fourths of Democrats were satisfied with their choice of candidates and just 16% wanted someone else.

New Hampshire Democratic Party Chairman Ray Buckley and Iowa Democratic Party Chairman Troy Price issued a rare joint statement on Friday pushing Bloomberg to visit their states if he mounts a presidential bid.

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