Longtime Bloomberg adviser Stu Loeser tells ABC News the former New York City mayor will speak Wednesday in Philadelphia and endorse the former secretary of state.
Another senior adviser to Bloomberg Howard Wolfson said in a statement: "As the nation's leading independent and a pragmatic business leader Mike (Bloomberg) has supported candidates from both sides of the aisle. This week in Philadelphia he will make a strong case that the clear choice in this election is Hillary Clinton."
Loeser said the endorsement is a sign of Bloomberg's dismay with Republican nominee and fellow billionaire Donald Trump. While Bloomberg and Clinton are not particularly close, Bloomberg has made no secret he would like to see Trump lose the election.
Thank you, Mayor Mike!