US EditionBusinessman Tom Steyer joins race for governor of California
Tom Steyer focuses on affordability and economic concerns in his bid to succeed Gov. Gavin Newsom in California's governor race.
- On Wednesday, Tom Steyer, billionaire Democratic activist and former presidential candidate, became the latest contender in the race to succeed California Gov. Gavin Newsom.
- Framing his bid on affordability, Steyer said `Californians deserve a life they can afford` and earlier this month he committed funds to boost Proposition 50, passed this month.
- A record of heavy spending shows Tom Steyer founded NextGen America in 2013, ran a $20 million impeachment ad campaign, and spent $318 million in the 2020 Democratic presidential primary before dropping out after the South Carolina primary.
- The field includes Xavier Becerra, Katie Porter—who faced criticism after viral interview footage—and others like Antonio Villaraigosa, Steve Hilton, and Chad Bianco, with no clear front-runner intensifying primary competition.
- Looking ahead, the contest could influence 2028 Democratic positioning as Steyer's spending and influence remain uncertain amid the open California governorship.
29 Articles
29 Articles
Who is Tom Steyer? From megadonor to candidate in California’s 2026 Governor race
Billionaire Democratic donor Tom Steyer has entered the 2026 California governor’s race with an anti-corporate, affordability-focused agenda. Announcing his bid through a video and a post on X, Steyer attacked America’s ultrawealthy and vowed to make corporations “pay their fair share.”
Billionaire and climate activist Tom Steyer joins crowded 2026 California governor race
Billionaire and climate change activist Tom Steyer is throwing his hat in the ring to become the next California governor, further crowding the pool of candidates seeking to lead the world's fourth-largest economy.
Billionaire investor Tom Steyer announces run for California governor in wide-open race
Billionaire investor, philanthropist and Democratic Party activist Tom Steyer announced Wednesday he’s running for governor of California. “I’m running for governor because Californians deserve a life they can afford,” Steyer said in a post on social media. “Sacramento politicians are afraid to change this system. I’m not.” Steyer, who also made an unsuccessful bid for the Democratic presidential nomination in 2020, joins a crowded field of cand…
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