Billionaire Philanthropist Tom Steyer Announces Presidential Bid

Headline Roundup July 10th, 2019

Billionaire activist and philanthropist Tom Steyer has entered the Democratic nomination race for the 2020 Presidential election.

Steyer, a former hedge fund manager, used roughly $65 million of his own money to back various Democratic candidates in the 2016 Election. After President Donald Trump won in '16, Steyer spent nearly $40 million on a national campaign calling for Trump's impeachment. He's also committed to spending at least $100 million on his own 2020 campaign.

Outlets throughout the political spectrum focused coverage on comparing Steyer's wealth, influence and policy goals to the other candidates he's facing, with the majority of voices agreeing that in spite of his financial status, his chances of winning the nomination are slim.

Billionaire Philanthropist Tom Steyer Announces Presidential Bid

From the Left

SAN FRANCISCO — Billionaire activist Tom Steyer says he will use “the exact same methods” in his fledgling Democratic presidential campaign that he’s used for more than a decade in California, where he has registered hundreds of thousands of voters and thrown millions into passing several major ballot measures.

“We’re a get-out-to-the-people, directly-address-the-people organization,’’ Steyer told POLITICO Tuesday. “I’ve been an outsider this whole time in Democratic politics."

178
Political News Media Bias Rating: Lean Left
×

What do you think the bias of Politico is?

Your rating: None (4277 votes)
To prevent automated spam submissions leave this field empty.

Read full story
From the Center

Michael Bloomberg refused to run. Howard Schultz is still on the fence. That makes Tom Steyer, a former hedge fund manager from California, the first billionaire to officially challenge America’s first billionaire commander-in-chief for the presidency.

Forbes estimates Steyer’s net worth to be $1.6 billion, making him about half as rich as Trump (worth $3.1 billion) but far wealthier than any other presidential candidate. He has an 1,800-acre cattle ranch and a San Francisco mansion with views of the Golden Gate Bridge. But he mostly focuses his fortune on...

178
Political News Media Bias Rating: Center
×

What do you think the bias of Forbes is?

Your rating: None (993 votes)
To prevent automated spam submissions leave this field empty.

Read full story
From the Right

Billionaire Tom Steyer—whose name recognition of late centers around his campaign to impeach President Donald Trump—officially entered the presidential race on Tuesday, vowing to confront corporations and lessen their sway over the political system.

"I think people believe that the corporations have bought the democracy. That the politicians don't care about them or respect them," he said in a video announcement. "Really what we're trying to do is make democracy work by pushing power down to the people."

Although Steyer has not yet outlined a policy platform, he has been...

178
Political News Media Bias Rating: Lean Right
×

What do you think the bias of Reason is?

Your rating: None (873 votes)
To prevent automated spam submissions leave this field empty.

Read full story
More on [topics]