Tom Steyer Drops Out of 2020 Presidential Race

The New York Times reports that "Tom Steyer, the billionaire former hedge-fund executive whose prolific campaign spending altered the Democratic primary and allowed him to persist in the race, withdrew after an apparent third-place finish Saturday night in South Carolina."

Tom Steyer, the billionaire former hedge-fund executive whose prolific campaign spending altered the Democratic primary and allowed him to persist in the race, withdrew after an apparent third-place finish Saturday night in South Carolina.

Speaking to supporters here, Mr. Steyer announced he was ending his long shot presidential bid, but promised to continue working on issues that are of great importance to him — environmental and economic injustice.

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