Published On: Fri, Oct 17th, 2014

Bloomberg Donates $1.25 Million for Top Two Initiative

 

Vanity Fair New Establishment Summit - Day 1

Former NY Mayor Mike Bloomberg is donating $1.25 million for the “top two” initiative in Oregon, as reported by Oregon live. Under the initiative, the partisan primaries would be replaced by a non-partisan primary that would be open to all voters. The top two finishers would go on to the main election.

Bloomberg tried to do this in New York, but didn’t succeed. As a Democrat who shifted to the Republican party and has since declared himself an Independent, this is not exactly a startling move. Bloomberg argues that this initiative will speak to those who don’t identify with the two major parties. Critics insist that the move is a measure to increase the influence of business interests over both parties.

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