KEY POINTS
  • President Donald Trump's campaign is revoking press credentials for Bloomberg News employees.
  • Mike Bloomberg, who owns Bloomberg News' parent company, is running for president.
  • Bloomberg News has declared it will not investigate Mike Bloomberg or his Democratic rivals during the primaries but will continue to investigate Trump.
Former New York Mayor Michael Bloomberg speaks during a press conference to discuss his Democratic presidential run on November 25, 2019, in Norfolk, Virginia.

President Donald Trump is revoking press credentials for Bloomberg News employees in response to its decision to refrain from investigating Mike Bloomberg or his Democratic rivals during the presidential primaries, a campaign spokesman said Monday.

The announcement highlights the precarious situation the news organization faces as the billionaire owner of its parent company runs for president. Trump has frequently targeted the media in speeches, interviews and on Twitter.