Seth Meyers looks at billionaires panicking over Elizabeth Warren and Bernie Sanders

DETROIT, MICHIGAN - JULY 30: Democratic presidential candidate Sen. Bernie Sanders (I-VT) (L) and Sen. Elizabeth Warren (D-MA) embrace after the Democratic Presidential Debate at the Fox Theatre July 30, 2019 in Detroit, Michigan. 20 Democratic presidential candidates were split into two groups of 10 to take part in the debate sponsored by CNN held over two nights at Detroit’s Fox Theatre. (Photo by Justin Sullivan/Getty Images)
DETROIT, MICHIGAN - JULY 30: Democratic presidential candidate Sen. Bernie Sanders (I-VT) (L) and Sen. Elizabeth Warren (D-MA) embrace after the Democratic Presidential Debate at the Fox Theatre July 30, 2019 in Detroit, Michigan. 20 Democratic presidential candidates were split into two groups of 10 to take part in the debate sponsored by CNN held over two nights at Detroit’s Fox Theatre. (Photo by Justin Sullivan/Getty Images) /
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In “A Closer Look,” Seth Meyers covered Michael Bloomberg’s possible White House run and why Wall Street is scared of Elizabeth Warren and Bernie Sanders.

The 2020 presidential election is less than a year away. Still, that doesn’t mean that the field of Democratic candidates is finalized. And the candidates in the lead are sending a clear message to the wealthy about what to expect. Late Night with Seth Meyers covered these stories and more on Monday’s edition of “A Closer Look.”

Reports indicate that former New York City Michael Bloomberg is considering joining the race for the Democratic nomination. Bloomberg would join an already crowded field even with the recent news that Beto O’Rourke dropped out of the race.

Bloomberg is noteworthy for his considerable wealth, estimated at about $53 billion. A multi-billionaire running for president will surely catch the attention of Senators Elizabeth Warren and Bernie Sanders. The two Democratic front-runners have been clear about their intentions to tax the rich and ensure that billionaires pay their fair share.

These stories gave Seth Meyers a chance to take a break from the impeachment inquiry that has dominated “A Closer Look” in recent weeks. Still, Meyers couldn’t help but check in with President Donald Trump quickly before moving on to the Democrats.

Meyers tries to catch up his audience on the various political affiliations of Michael Bloomberg. Bloomberg was a democrat, then was a republican while serving as New York City’s mayor, and then became an independent before now declaring himself a democrat ahead of the 2020 election. Safe to say Meyers is less than impressed with Bloomberg’s chances of bringing stability to the race and offering a legitimate option to defeat President Donald Trump.

Meyers suggests that there isn’t much interest in another billionaire president. And that lack of an appetite for billionaires extends beyond just politics if you listen to the plans of Senators Elizabeth Warren and Bernie Sanders. Billionaires could become an endangered species under a President Warren or President Sanders.

That possibility apparently has billionaires like Bloomberg, Amazon founder Jeff Bezos, and Microsoft founder Bill Gates a little uneasy. Meyers isn’t very sympathetic at the notion that Gates’ net worth could drop fro $100 billion to $90 billion under a tax plan from Warren or Sanders.

Meyers wraps up this edition of “A Closer Look” by trying to convey why people aren’t so fond of billionaires at the moment. It isn’t jealousy or because candidates like Warren and Sanders have vilified them. Instead, Meyers argues that it is because there is a real concern that billionaires don’t have all the answers or seek to serve anyone’s interests but their own.

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This edition of “A Closer Look” featured some of Seth Meyers’s best one-liners that fans have seen over the past few weeks. But the content from Late Night was also some of its more poignant, showing that nobody can find the humor in these topics quite like Seth Meyers.