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Tom Steyer Breaks Records on Ad Spending

May 27, 2026 · 3:50 pm ET · Leave a Comment

Associated Press: “Win or lose, billionaire Democrat Tom Steyer will leave a mark in the history books in his bid to become California’s next governor — he’s running the most expensive political advertising campaign in the country this year.”

“Steyer — a former hedge fund manager turned liberal activist — has spent or booked more than $195 million in ads for broadcast TV, cable and radio with the tally still growing.”

2026 Campaign

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Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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Weaponize

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