Former Mass. Gov. Deval Patrick Enters 2020 Presidential Race

Former Massachusetts Gov. Deval Patrick, who jumped into the Democratic presidential race Thursday, was immediately fending off questions about his ties to Bain Capital, the same investment firm that was a major liability for Republican Mitt Romney’s 2012 presidential bid.

Mr. Patrick has resigned from the firm, but his connections could make liberal activists wary of a candidate with such deep ties to private equity in a race where villainizing capitalism and the wealthy has become mainstream.

In 2012, President Obama and his allies used Mr. Romney’s experience at the firm, which also engaged in corporate takeovers, as fodder to attack Mr. Romney as an out-of-touch plutocrat who wouldn’t hesitate to shut down factories or ship jobs overseas if it improved the company’s bottom line.

Mr. Patrick, who counts Mr. Obama as a close ally and who was a key surrogate during his 2012 reelection bid, actually got crosswise with the campaign’s messaging at one point by defending the firm.

Mr. Patrick’s past business ties could end up out of place in a race that features Sens. Elizabeth Warren of Massachusetts and Bernard Sanders of Vermont, who have enthralled far-left activists by running on anti-corporate platforms and calls to impose significant new taxes on the wealthy.

“They’re already going after it anyway, whether or not they use the word ‘Bain,’” said GOP strategist Ford O’Connell.

Mr. Patrick, the first black governor of Massachusetts who served as the commonwealth’s chief executive from 2007-2015, announced his presidential bid on Thursday after he had said last December he would not run for president in 2020, citing the “cruelty” of the process that would affect people close to him.

Read more from David Sherfinski at The Washington Times

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