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Michael Bloomberg eyes 2016 presidential run

Former New York City Mayor Michael Bloomberg is flirting with a presidential run. John Dickerson, anchor of "Face The Nation" and CBS News political director, discusses the obstacles Bloomberg might face if he decides to join the race
Michael Bloomberg eyes presidential run 01:33

Another New York billionaire flirting with a presidential run is former mayor Michael Bloomberg. He is a Democrat, turned Republican, turned Independent.

CBS News' political director and anchor of "Face the Nation" John Dickerson says Bloomberg is seriously considering jumping into the race. He has long wanted to run for president. He would run, if it looks like it is going to be a general election race between Donald Trump or Ted Cruz and Bernie Sanders.

To see what else Dickerson has to say, watch the video above.

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