Tom Steyer, the billionaire environmental activist, former hedge fund manager and 2020 Democratic presidential candidate, is joining the already crowded race for California governor.
Steyer is positioning himself as an outsider ready to break up corporate influence and fight big businesses. He focused his launch message on affordability — the issue many Democrats credit for wins in elections across the country earlier this month.
“Californians deserve a life they can afford, but the Californians who make this state run are being run over by the cost of living,” Steyer said in his campaign launch video.