Tom Steyer announces 2020 bid, reversing course

Fox News reports that billionaire Tom Steyer has changed his mind and is now running for the Democratic presidential nomination. He "reportedly will invest $100 milion of his own money into his presidential campaign."

Tom Steyer has changed his mind.

The billionaire progressive activist and a leader in the drive to impeach President Trump said earlier this year he wouldn’t run for the White House.

But on Tuesday, he announced in a four-minute campaign video that he's launching a bid for the Democratic presidential nomination.

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Steyer - who reportedly will invest $100 milion of his own money into his presidential campaign - now joins an historically large field of roughly two-dozen Democrats.

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