Billionaire Bloomberg won't have to disclose finances until late March

“What does this guy worth $60 billion own, who wants to be president?”

Memelord and presidential hopeful Michael “throw them up against the wall” Bloomberg will not be required to publicly disclose his finances until late March, “well after voters in more than a dozen states take to the polls on Super Tuesday,” reports AP on Tuesday.

Under an extension granted to Bloomberg on Friday by the Federal Election Commission (FEC) — the second such extension Bloomberg has received — the billionaire gets to postpone release of his financial disclosures until March 20.

Excerpt from AP:

The timing is significant because Bloomberg has skipped campaigning in early voting states like Iowa and New Hampshire and is instead staking his bid on a big showing in contests that come later, like Super Tuesday on March 3. By getting approval to delay the release of his finances until after those pivotal contests, he is denying voters information about how much he is worth — and how he invests his money.

“Mr. Bloomberg ... has made diligent efforts to prepare his report. Nevertheless, due to the complexity of his holdings and the need to obtain certain information from third parties, Mr. Bloomberg needs additional time to gather and review his financial information and complete and file his report,” his attorney Lawrence H. Norton wrote in a letter to the FEC.

Bloomberg spokeswoman Galia Slayen declined to comment. Bloomberg has pledged to release his tax returns — a decadeslong tradition for presidential candidates until Republican Donald Trump declined to do so during the 2016 campaign — but hasn’t said when.

Read more:
Billionaire Bloomberg is granted financial disclosure delay

[AP/ BRIAN SLODYSKO January 17, 2020]