Former Starbucks CEO Howard Schultz won’t run for president in 2020.
“Not enough people today are willing to consider backing an independent candidate because they fear doing so might lead to re-electing a uniquely dangerous incumbent president,” Schultz said in an email to supporters Friday.
The billionaire has railed against the Democratic Party, accusing it of threatening democracy by moving too far to the Left. His possible candidacy was seen by Democrats as a spoiler to defeating President Trump in the upcoming election. Schultz acknowledged the risk in his letter.