Tom Steyer, the billionaire hedge fund supervisor and ecologist, on Saturday dropped his bid for the 2020 Democratic presidential nomination.
Steyer exited the race quickly after previous Vice President Joe Biden secured a crucial win in the South Carolina main, and days before Super Tuesday. MSNBC and CNN were very first to report on Steyer’s plans.
Steyer told his fans that he was suspending his project since he could not see a “path to winning.”
” I entered this race since I believed that people weren’t effectively dealing with racial injustice in this country, and it holds true. I thought that we were at threat as a country in regards to climate … which holds true. And we reside in a nation that’s deeply unjust financially … and that’s actually true,” he said in a speech Saturday night. “I remained in this race to talk about things that I care the most about.”
Steyer, a 62- year-old philanthropist who has actually funneled countless dollars into a project to impeach President Donald Trump, stated any Democrat would be much better than the current administration.
” Lindsey Graham’s a disaster.
Steyer released his candidateship in July after at first stating he would not run. He signed up with an already crowded field of more than 20 Democratic candidates, vowing to handle a “rigged” political system in Washington, tackle the environment crisis, fight earnings inequality and powerful corporations, and expose Trump as “ a fraud and a failure“
” Truly what we’re doing is trying to make democracy work by pressing power to the people,” he said in a video revealing his project. “If this