Former New York City Mayor Michael Bloomberg might reconsider a White House bid after ruling out a presidential run earlier this year, according to a report Tuesday in Axios.

Bloomberg announced on March 5 that he would not run for president, writing in a Bloomberg News op-ed that time and money spent on a bruising Democratic primary would be better served continuing his work on climate change and gun control.

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Now, however, Bloomberg is reconsidering, Axios reports. It cited “people who have discussed the matter” with him.

Bloomberg is weighing whether the field has an opening for a centrist candidate, according to Axios.

Most of the Democrats running for the White House have staked out positions on the left as they prepare for the primary season, including Sens. Bernie Sanders Bernie SandersButtigieg stands in as Pence for Harris's debate practice Bernie Sanders warns of 'nightmare scenario' if Trump refuses election results Harris joins women's voter mobilization event also featuring Pelosi, Gloria Steinem, Jane Fonda MORE (I-Vt.), Elizabeth Warren Elizabeth WarrenHarris joins women's voter mobilization event also featuring Pelosi, Gloria Steinem, Jane Fonda Judd Gregg: The Kamala threat — the Californiaization of America GOP set to release controversial Biden report MORE (D-Mass.) and Kamala Harris Kamala HarrisButtigieg stands in as Pence for Harris's debate practice First presidential debate to cover coronavirus, Supreme Court Harris joins women's voter mobilization event also featuring Pelosi, Gloria Steinem, Jane Fonda MORE (D-Calif.).

Bloomberg’s initial decision to announce he would not run was largely shaped by the presumption that he and former Vice President Joe Biden Joe BidenOmar fires back at Trump over rally remarks: 'This is my country' Trump mocks Biden appearance, mask use ahead of first debate Trump attacks Omar for criticizing US: 'How did you do where you came from?' MORE would be competing for the same voters, according to Axios.

Biden has not yet formally announced his candidacy, but has consistently led polls of the field. However, two allegations of inappropriate touching of women have recently dogged Biden, which has made the former mayor perceive him as more vulnerable than before, according to the site.