Tom Steyer, the billionaire hedge fund manager and environmentalist, on Saturday dropped his bid for the 2020 Democratic presidential election.
Steyer exited the race quickly after previous Vice President Joe Biden secured a vital win in the South Carolina primary, and days prior to Super Tuesday. MSNBC and CNN were first to report on Steyer’s plans.
Steyer told his supporters that he was suspending his campaign since he couldn’t see a “course to winning.”
” I got into this race because I thought that individuals weren’t sufficiently dealing with racial injustice in this country, and it’s true.
Steyer, a 62- year-old benefactor who has funneled countless dollars into a project to impeach President Donald Trump, said any Democrat would be better than the existing administration.
” Lindsey Graham’s a disaster.
Steyer introduced his candidacy in July after at first saying he would not run. He joined a currently crowded field of more than 20 Democratic candidates, swearing to handle a “rigged” political system in Washington, tackle the environment crisis, battle income inequality and powerful corporations, and expose Trump as “ a scams and a failure“
” Truly what we’re doing is attempting to make democracy work by pressing power to individuals,” he said in a video announcing his campaign. “If this