Michael Bloomberg

Michael Bloomberg Donates $2.5 Million to PAC Aimed at Preserving Democratic Majority in the Senate

Aide to the former New York mayor says the donation is a result of Bloomberg's relationship with Sen. Harry Reid (D-Nev.)

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Former New York City Mayor Michael Bloomberg donated $2.5 million to a super PAC aimed at helping Senate Democrats maintain their majority, a potentially significant development that could have a big impact in 2014.

Bloomberg, one of the richest men in the world, made the donation to Senate Majority PAC, which is run by former aides to Senate Majority Leader Harry Reid (D-Nev.) and other top Democrats. "It arose out of the close relationship the Mayor has developed with Leader Reid over the years working on issues of concern to New Yorkers like [Hurricane] Sandy relief and gun safety," said Howard Wolfson, former deputy mayor and a close aide.