Michael Bennet, a US Senator from Colorado, announced on May 2, 2019 that he is a candidate for the Democratic Party’s nomination for President of the United States. This comes just two weeks after cancer surgery, with a spokeswoman for Bennet saying that the procedure was a complete success.
Bennet becomes the second Coloradan in the race, after former Governor Hickenlooper.
He also becomes one of the seven sitting US Senators running.
Perhaps more important than either of those distinctions, Bennet is a former managing director of the Anschutz Investment Company, a venture capital concern that has stakes in several media entertainment properties, as well as energy and telecomm concerns. As Mitt Romney’s campaign for President in 2012 demonstrated, this sort of finance-world background can create fodder for the opposition research of other campaigns.
On the other hand, within the Democratic Party Bennet’s past in the VC world may reassure some who believe the party has become too socialistic. It may let them know that he doesn’t just believe in capitalism, he has practiced it.
The Thing to Know:
In November 2016, after Donald Trump had become President-elect, outgoing President Barack Obama was asked who were the next leaders of the Democratic Party. He named four. Bennet was among them.