The billionaire investor and activist is one of the most visible liberals advocating for Trump's impeachment
Tom Steyer, the billionaire investor and activist, said Tuesday he's joining the race for the Democratic presidential nomination, reversing course after deciding earlier this year that he would forgo a run.for President Donald Trump's impeachment. He surprised many Democrats in January when he traveled to Iowa, home to the nation's first presidential caucus, to declare that he would focus entirely on the impeachment effort instead of seeking the White House.
"The other Democratic candidates for President have many great ideas that will absolutely move our country forward, but we won't be able to get any of those done until we end the hostile corporate takeover of our democracy," Steyer said in a statement. As he seeks the presidency, Steyer is resigning his leadership positions in both NextGen America and Need to Impeach. He says he has committed more than $50 million through 2020 to the two organizations.
Steyer also could potentially face challenges hiring staff. Several of his former NextGen America staffers have joined Inslee's campaign. A former Steyer spokeswoman, Aleigha Cavalier, recently joined Beto O'Rourke's 2020 campaign.
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