“Billionaire activist Tom Steyer declared his candidacy for the presidency in a video, reversing an earlier announcement several months ago that he intended to sit out the 2020 Democratic primary race,” NBC News reports.
“While he is not well known and the candidate field is already overstuffed with two dozen candidates, Steyer’s money could give him an edge, as could the extensive email list of 8.3 million names compiled by a group he founded to push for the impeachment of President Trump.”
The New York Times reports Steyer will spend $100 million on his primary bid.
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