Alex Seitz-Wald, Maura Barrett and Josh Lederman18h ago / 3:05 PM UTCWASHINGTON — Former New York City Mayor Michael Bloomberg is transferring $18 million left in the accounts of his now-defunct presidential campaign to the Democratic National Committee and forgoing, for now, creating his own independent political group to help Democrats in November. “While we considered creating our own independent entity to support the nominee and hold the President accountable, this race is too important to have many competing groups with good intentions but that are not coordinated and united in strategy and execution,” Bloomberg’s campaign said in a memo to the DNC. “The dynamics of the race have also fundamentally changed, and it is critically important that we all do everything we can to support our eventual nominee and scale the Democratic Party’s general election efforts.”The funds will be put towards the DNC’s battleground buildup program, to hire data and operations staffers, among other efforts, in a dozen states that will be important in the general election.Democratic presidential candidate Michael Bloomberg arrives at his campaign office in Little Havana, Miami, Florida on March 3, 2020.Marco Bello / ReutersBloomberg will also offer to transfer campaign field offices the billionaire’s campaign set up and


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