Democratic Megadonor Tom Steyer Still Isn't Ruling Out a 2020 Run
Democratic megadonor Tom Steyer might not be a household name, but he’s not ruling out a 2020 presidential run or a 2018 run for California governor.
In a recent interview, Steyer expressed skepticism at House Minority Leader Nancy Pelosi and Senate Minority Leader Chuck Schumer’s deal-making with President Trump. And he talked about how fes his background as a former hedge-fund manager with a Democratic Party whose progressive grassroots insists big money should be driven out of politics.
Steyer has spent years as an environmental activist advocating for climate action and bankrolling Democratic candidates who do the same. He spent more than $70 million in the 2014 election cycle, over $80 million in 2016, and has said that there’s “no limit” to what he will spend to counter the Trump administration.
Despite that heavy spending, he’s faced political disappointment. In 2014, the Sunlight Foundation concluded that Steyer had “little to show” for his investment after a number of his preferred candidates lost. But setbacks don’t seem to have deterred him.
With Trump in the White House, Steyer has expanded his reach in the world of liberal politics. In July, he his political organization, changing its name from NextGen Climate to NextGen America, to focus on issues ranging from health care to immigration to economic
