Tom Steyer Announces 2020 Bid, Reversing Course
July 9, 2019
Tom Steyer has changed his mind.
The billionaire progressive activist and a leader in the drive to impeach President Trump said earlier this year he wouldn’t run for the White House.
But on Tuesday, he announced in a four-minute campaign video that he’s launching a bid for the Democratic presidential nomination.
“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 sent along with the video to supporters.
Steyer said he would emphasize reducing corporate influence in politics and tackling climate change as he runs for the White House.
Touting his record “as an outsider,” Steyer noted that “I’ve led grassroots efforts that have taken on big corporations and won results for people. That’s not something you see a lot of from Washington these days. That’s why I’m running for President.”
The 62-year old former hedge fund manager has become a force in national politics. Five years ago he created NextGenAmerica, a grassroots advocacy organization that helped drive the youth vote in 2018, helping the Democrats win back the House of Representatives. And over the past two years, he’s become one of the ringleaders in the push to impeach Trump — through his ‘Need to Impeach’ movement.