Tom Steyer officially announces presidential bid

Clay Curtis
July 10, 2019

He said he wants to focus his campaign on combating climate change and implementing political and government reform.

"The only thing Steyer's campaign will do is light more of his money on fire as he joins the rest of the 2020 Democrat field in pushing policies that are way outside the mainstream", Republican National Committee spokesman Steve Guest said.

California billionaire Tom Steyer was once seen as a potential deep-pocketed sponsor for Washington Gov. Jay Inslee's presidential campaign. "All these issues go away when you take away the paid opposition from corporations who make trillions of extra dollars by controlling our political system".

In an election year when several of the Democratic frontrunners have decried wealth inequality, with Senator Bernie Sanders of Vermont regularly attacking billionaires and the 1 percent, Steyer's announcement video actually touted his large amount of wealth. The New York Times just released a report detailing how Steyer is shelling out $100 million of his own money to fuel his campaign.

Warren, who didn't mention Steyer by name, tweeted after his announcement: "The Democratic primary should not be decided by billionaires, whether they're funding Super PACs or funding themselves".

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Sanders said that while he may "like Tom personally", he is "a bit exhausted of seeing billionaires trying to buy political power".

An adviser to Mr. Steyer, who requested anonymity to discuss private conversations with him, said that he had been unruffled by Ms. Warren's attacks on billionaire candidates. "I think he's gonna be a formidable candidate", she continued, "because he has resources to go everywhere".

Vermont Sen. Bernie Sanders, a 2020 presidential candidate, also had unkind words for Steyer's candidacy in an interview on MSNBC, in which he said that while he's been a friend of Steyer's, "I am a bit exhausted of seeing billionaires trying to buy political power". He says he has committed more than $50 million through 2020 to the two organizations. But his late entry underscores how wide open the Democratic primary field remains after the party's first debate June 27-28.

"More than 120 Democrats in Congress have also signed up to support insane Bernie Sanders's socialist government takeover of health care", Trump said. Several of his former NextGen America staffers have joined Washington Gov. Jay Inslee's presidential campaign. Some lower-tier candidates are facing increasingly dire prospects if they don't secure spots on the debate stage this fall.

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