On Tuesday, far-left billionaire and radical anti-Trumper Tom Steyer has entered the crowded field of 2020 Democratic Presidential candidates.
This decision came as a surprise considering Steyer earlier in the year announced that he would not run for presidency.
The progressive Democrat released this four minute video announcing his candidacy:
It’s true. I’m running for president. pic.twitter.com/u8x2lZah7Z— Tom Steyer (@TomSteyer) July 9, 2019
“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 his statement.
Check out what Fox News reported:
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.
In January, when he announced he wouldn’t run for president, Steyer said he’d focus on pushing Congress to start impeachment proceedings against the president and vowed to spend $30 million behind his efforts.
Since then, Steyer's said he's become frustrated with the Democratic majority in the House over their pace in approaching impeachment.
But Steyer made no mention of impeaching Trump in his presidential campaign announcement. But Trump was briefly seen in Steyer’s campaign video.
Steyer starts his White House bid with some advantages. He has a vast amount of wealth and both NextGenAmerica and ‘Need to Impeach’ have a very large grassroots reach.
Steyer now has one week to receive contributions from 65,000 individual donors to make the stage at the second round of Democratic presidential nomination debates. The other threshold – reaching 1 percent in three qualifying polls – appears to be out of reach.
The Republican National Committee immediately slammed Steyer.
“After a false start, left-wing extremist Tom Steyer has finally formalized his self-promotion tour under the guise of a presidential campaign. 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,” RNC spokesman Steve Guest stated.
Millionaire Senator Bernie Sanders wasn't too happy about Steyer entering the race either. "I like Tom he is a good guy he’s a friend of mine, but I’m not a great fan of billionaires getting involved in the political process," Sanders said.
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