Find a list of your saved stories here

Billionaire Steyer says he won't run for president in 2020

Billionaire Steyer says he won't run for president in 2020


1 photo
Save Story

Save stories to read later


Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

DES MOINES, Iowa (AP) — Billionaire investor and Democratic activist Tom Steyer will not run for president in 2020.

Steyer, who has paid for television ads calling for the impeachment of President Donald Trump, said Wednesday at an event in Des Moines, Iowa, that "the impeachment question" had reached "an inflection point," and he planned to focus on that.

The decision comes as a surprise, given Steyer had been traveling the country promoting the political platform he released after November's midterm elections.

Although Steyer opted against a presidential run, the constellation of political organizations that he has built is likely to have an impact on the presidential race and on key congressional races across the country.

Several prominent Democrats have also declined to run in 2020, including former Massachusetts Gov. Deval Patrick and lawyer Michael Avenatti.

___

Summers reported from Washington.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Photos

Most recent Politics stories

Related topics

Politics
Thomas Beaumont and Juana Summers

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast