New York, June 25, 2017 – Michael R. Bloomberg will throw his financial might into helping beleaguered American mayors, creating a $200 million philanthropic program aimed at backing inventive policies at the city level and giving mayors a stronger hand in national politics.
Mr. Bloomberg intends to announce the initiative on Monday in a speech to the United States Conference of Mayors in Miami Beach, where he will castigate federal officials and state governments around the country for undermining cities. He plans to describe the program, called the American Cities Initiative, as a method of shoring up the global influence of the United States despite turmoil in Washington.
Click here to read the article of Alexander Burns, published in the New York Times of June 25, 2017.