Sen. Bernie Sanders’s campaign responded to reports of former New York City Mayor Michael Bloomberg’s possible 2020 Democratic presidential bid by expressing that the contest does not need more billionaires.

“More billionaires seeking more political power surely isn’t the change America needs,” Sanders campaign manager Faiz Shakir told The Hill in a statement on Thursday.

The Vermont senator tweeted that “the billionaire class is scared and they should be scared.”

Read more at The Hill.