Billionaire businessman Michael Bloomberg, yet to officially declare himself a presidential candidate, took another step towards a run at the White House Thursday by registering with the US Federal Election Commission.
The 77-year-old former mayor of New York filed paperwork to register a committee called "Mike Bloomberg 2020," commission spokeswoman Judith Ingram confirmed to AFP.
All candidates must register with the commission if they want to raise or spend campaign funds of more than $5,000, but registration itself does not confirm that a candidate is running.
Bloomberg has prepared the groundwork for a possible bid for the Democratic nomination in recent weeks, including registering as a candidate in the states of Alabama, Arkansas and Texas.
A message on his website mikebloomberg.com says the site is "paid for by Mike Bloomberg 2020."
Ten days ago he said he was "close" to making a final decision on whether or not to enter the crowded field.
His personal fortune of $50 billion means a Bloomberg candidacy would likely shake up the open race, with 17 candidates already vying to be the Democratic nominee to take on President Donald Trump next year.
Bloomberg's advisors have said that if he does run then he will probably not campaign in the four states that will hold primaries in February.
Instead, he would focus on the 15 primaries scheduled for March 3, known as "Super Tuesday," including the most populous states of California and Texas.
Former vice president Joe Biden leads the race ahead of left-wingers Elizabeth Warren and Bernie Sanders, with moderate Pete Buttigieg in fourth place, according to national polls.
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
White House Slams Violence Against West Bank Palestinian Settlers By Israel US Looks Forward To Expanding Critical Partnership With India: White House Kamala Harris, Joe Biden To Make Their First Joint Campaign Trip Mamata Banerjee's Sunday Ultimatum To CBI For Death Penalty In Rape-Murder How Extreme Weather Is Leading To Rise In Child Marriages In Pakistan Who Is Jasveen Sangha, "Ketamine Queen" Charged With Matthew Perry's Death JD Vance's Bestselling Tale From Rags To Riches Can Be His Political Tool Trump Made Rs 2 Crore From Bible Sales, Holds Rs 8 Crore In Crypto: Report Malaika Transforms Stunning Street Style To Ethnic Fashion In Melbourne Track Latest News Live on NDTV.com and get news updates from India and around the world.