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Article snippet: Former New York City Mayor MORE on Friday officially filed as a candidate for the Alabama Democratic presidential primary, the first step in a possible White House run that could shake up the already-crowded 2020 field. The Alabama Democratic Party updated its website at 4:35 p.m. local time to indicate that Bloomberg had filed the necessary documents ahead of the state's registration deadline on Friday. Bloomberg, a billionaire businessman who built a financial data and media empire, could jolt the Democratic primary race with his late entry and a personal war chest estimated at more than $50 billion. Bloomberg has not yet made a final decision on whether to run for president, according to a person familiar with his thinking. Should he enter, however, the vocal centrist could find himself on a direct collision course with former Vice President MORE, the two leading moderates in the field. The former mayor would also likely enter the race as a top target for progressives, particularly Sens. MORE (I-Vt.), two top-tier liberals who have argued the rich hold too much sway in U.S. politics and have unveiled a litany of plans hinged on raising taxes on the wealthiest Americans. “The wealthy and well connected are scared,” Warren’s campaign said in an email to supporters as news broke that Bloomberg was considering a run. “They're scared that under a Warren presidency, they would no longer have a government that caters to their every need. So they're doing whatever th... Link to the full article to read more