YEREVAN, SEPTEMBER 21, ARMENPRESS. American billionaire and former New York City Mayor Michael Bloomberg is actively thinking of running for president in 2020 as a Democrat, TIME reports.

“It’s impossible to conceive that I could run as a Republican – things like choice, so many of the issues, I’m just way away from where the Republican Party is today,” Bloomberg said in a New York Times report Monday, according to TIME.

“That’s not to say I’m with the Democratic Party on everything, but I don’t see how you could possibly run as a Republican,” Bloomberg said. “So if you ran, yeah, you’d have to run as a Democrat.”

Bloomberg served three terms as New York City mayor and has variously been a Democrat, Republican and independent. 

Edited and translated by Stepan Kocharyan