(CNN) – Former New York City Mayor Mike Bloomberg said at a private event in 2016 that his presidential campaign platform would have been to “defend the banks” and also labeled the progressive movement and Massachusetts Sen. Elizabeth Warren, now a rival for the 2020 Democratic presidential nomination, as “scary.”

When asked his views on the rise of the far right in Europe, Bloomberg warned about the rise of progressive politicians in the US, citing Warren.

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“The left is arising. The progressive movement is just as scary,” he says. “Elizabeth Warren on one side. And whoever you want to pick on the Republicans on the right side?”

Bloomberg, who was elected mayor as a Republican and as an independent, also criticized President Barack Obama, saying that his 2012 endorsement of Obama was “backhanded” and that he thought Republican Mitt Romney could have done a better job if he’d been elected.

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