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The
former New York mayor is committed to funding the candidate but
is unsure whether the money will go to pro-Biden Super PACS,
Biden's joint fundraising effort with the Democratic National
Committee (DNC) or another independent group, the network
reported, citing people familiar with the conversations.
Former Vice President Biden is the presumptive Democratic
nominee to take on U.S. President Donald Trump in November.
Biden and Trump each raised roughly $60 million in April, but
Trump and the Republicans hold a sizable money advantage.
The Biden campaign declined to comment when asked by Reuters
about the spending.
"As Mike has said, he supports Vice President Biden in defeating
Donald Trump. We’re currently looking at how to best support
(former) Vice President Biden, as well as Democratic victories
up and down the ballot in November, just as Mike Bloomberg has
done in previous cycles," a Bloomberg spokeswoman said.
CNBC reported spending was in excess of $250 million, but
Bloomberg's campaign did not confirm that figure.
Any major financial support from Bloomberg for Biden does not
include what he could also put toward assisting congressional
Democrats and the DNC, CNBC reported.
Bloomberg dropped out of the Democratic nominating contests for
president in March and quickly endorsed Biden.
(Reporting By Jarrett Renshaw and Trevor Hunnicutt; Editing by
Bill Berkrot and Aurora Ellis)
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