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World Map / Upcoming Elections / US Presidential election 2016 / US Election Updates / New York City's Bloomberg pledges $10 million for moderate candidates

2016 Presidential Election

US Election Updates - October 18, 2012

New York City's Bloomberg pledges $10 million for moderate candidates

New York City's mayor, Michael Bloomberg, is to commit at least $10 million ahead of the November 6 election in support of moderate candidates who share his support for gun control, same-sex marriage and education reform.

The funds will go to support "nonpartisan leadership," Bloomberg said in an announcement posted on his website on Tuesday.

The money includes a $250,000 contribution to Marylanders for Equality, behind a ballot initiative that could legalize same-sex marriage.

"It's critically important that we have elected officials in Washington, Albany, and around the nation who are willing to work across party lines to achieve real results. I've always believed in the need for more independent leadership, and this new effort will support candidates and causes that will help protect Americans from the scourge of gun violence, improve our schools, and advance our freedoms," Bloomberg said.

Bloomberg was elected as mayor in 2001 as a Republican but later dropped his affiliation. He does not plan to run for a fourth term next year.