Council on Foreign Relations: on Budget & Economy

Mike Bloomberg: Proponent of the free market and balanced budgets

He is skeptical of the ambitions of some other Democratic candidates to dramatically increase wealth redistribution, comparing the proposals of Bernie Sanders and Elizabeth Warren to Venezuelan economic policies.

He has previously referred to himself as a fiscal conservative and has long been a proponent of balanced budgets and spending restraint.

He is a critic of recent attempts to tighten financial regulation, calling the Dodd-Frank Wall Street Reform Act passed after the 2008 economic crisis a "stupid law" and arguing that its fines on big banks have been "outrageous." He also opposes proposals to break up "too big to fail" banks.