Ex-NY mayor Bloomberg to grant $200M to US cities


NEW YORK: Former New York mayor and billionaire philanthropist Michael Bloomberg announced on Monday (Tuesday in Manila) a $200 million plan aiming to back inventive policies in American cities despite political tumult in Washington. Under its “American Cities Initiative,” Bloomberg Philanthropies will invest the money over the next three years in a bid to “incentivize and support the innovative efforts” of cities. “We are in the middle of a political era defined by partisan paralysis, and nowhere is it worse than in Washington,” Bloomberg, the world’s tenth richest person, told a meeting of US mayors in Florida. The US Conference of Mayors met in Miami Beach as American cities have taken a growing role in areas where they see the President Donald Trump’s policies as lacking. That includes tackling climate change and immigration, negotiating with Canada and helping the poor.



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