Billionaire Tom Steyer Clears Hurdle to Join U.S. Democratic Debate in October

Matthew Putney/File Photo/Reuters

U.S. Democratic presidential hopeful Tom Steyer, a billionaire environmentalist and political donor, said on Sunday he has qualified to participate in the fourth Democratic debate in October, putting him on stage alongside the leading contenders for the first time.

The 62-year-old former hedge fund manager from San Francisco, who is not well-known beyond political circles, will be one of 11 candidates who has met the Democratic National Committee’s minimum requirements to participate in the Ohio debate on Oct. 15-16.

“It’s now more clear than ever that Tom’s message is resonating with Americans across the country — that it is time to break the corporate stranglehold on Washington and bring democracy back to the American people,” Steyer campaign manager Heather Hargreaves said.

Steyer launched his self-funded campaign to win the White House in November 2020 on July 9 after saying earlier this year that he would not run and focus on efforts to impeach President Donald Trump. His campaign is focusing on getting corporate money out of U.S. politics.

He has worked for years on climate change and voter engagement and donated about $170 million since 2015 to his independent political action committees, Need to Impeach and NextGen America.

During the 2017-2018 election cycle, he was the second-largest donor to Democratic and liberal candidates and causes, according to the Center for Responsive Politics.

Steyer did not qualify for the third debate, which will take place in Houston this week with the top 10 candidates.

(Reporting by Valerie Volcovici in Washington; Editing by Lisa Shumaker)

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BurbankBaby
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BurbankBaby

You mean that even with millions or dollars, he never started a corporation? And that with years of experience in political circles, he’s still clueless about the incredible waste of time and money already spent pointlessly by Democrats, who don’t even know how impeachments work? The man needs an education before climbing on a platform.

John
Guest
John

This country has never had a “Democracy” Guess he didn’t pay attention in history class. There he would have learned that the U.S. is a “Representative Republic” The Founding Fathers wanted to give ALL the people a say not just the most populated areas. So if Steyer wants to bring ‘democracy” to the U.S., that means no House, no Senate, no federal government at all.

Walter Swartz
Guest
Walter Swartz

If he is going to bring back “democracy to America”, he first best understand we have what is known as a Representative republic… in which the smallest minority – the INDIVIDUAL – is clearly represented. In order to do THIS, he must shrink the size of government from it’s MASSIVE oppressive SIZE. Right now, we have 6.75 tax payers supporting 1 federal, state, county, or municipal employee. That is 21.8 million government employees to 142 million tax payers. What we have NOW is known as a nanny state where the people serve their government. To revitalize our “representative republic” we… Read more »

Phyllis Softa
Member

The Republicans go gaga for an unqualified businessman, so D’s should follow suit?? I have observed nothing in the last 3 years that says the country needs another businessman with no experience in foreign affairs, the legislative process, or the judicial process. MAKE AMERICA SANE AGAIN!

General Confusion
Member

He is apparently qualified to make plenty of money for himself.

General Confusion
Member

“During the 2017-2018 election cycle, he was the second-largest donor to Democratic and liberal candidates and causes, according to the Center for Responsive Politics.” Article

This is confusing. According to opensecrets he is third. In comparison to the most generous Sheldon (and wife) Adelson, who bribed the most.

What, no screams from the demented about EITHER of these donors donating WAY more than George Soros (7th in 2018)? You guys are slipping up.

william jackson
Member

This pathetic jerk is America’s version of George Soros!

James
Member

WHO dat? Another Bloomberg, Bill Gates- style DemocRAT with an inflated ego?

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