Toll of gun violence, he help create a movement to help protect families across the america. And stood up to the coal lobby, and now hes taking on him. Cnn politics and Business Correspondent kristina has been following this for us. Kristina, its a late entry into the 2020 race. Certainly not unexpected. Its been sell gratelegraphed f time, but what prompted bloomberg to make this move now. As the 2020 election cycle played out, he felt like this wasnt really playing out as he expected. And he felt like none of the field was really prepared to beat President Trump. Lets be here, Michael Bloomberg is trying to beat the odds, making a late entry into a packed race for the democratic nomination. He hopes that his Business Record and that his record in philanthropy and being a huge democratic donor will help him here. The reality is he made this announcement in a letter today, and the letter said, quote, im running for president to defeat donald trump and rebuild america. We cannot afford