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Published: Tue, January 09, 2018
Global Media | By Abel Hampton

Billionaire Tom Steyer Will Not Run for Office in 2018

Billionaire Tom Steyer Will Not Run for Office in 2018

According to the same report, Steyer ended months of speculation by declaring that he personally does not plan to run for any office in 2018. He started NextGen America, a political organization that supports liberal positions on climate change, immigration and health care, among other issues.

In the process, the billionaire investor can continue to build his personal political brand ahead of 2020. "We are all in through November 6, 2018", Steyer said. "We know that the so-called pundits argue that we have to choose between talking about impeachment and talking about policy".

Steyer's first expenditure will be sending copies of Michael Wolff's Fire and Fury book to each member of Congress, he said.

An American billionaire said Monday he was redoubling his campaign to remove President Donald Trump from office and will plow $30 million into Democrats' efforts to regain control of Congress.

"The most important task for me, the task which I feel called to do is organizing ... and mobilizing America's voters".

Steyer has since the election spent $20 million on a campaign to impeach Trump which has been criticized by Democratic leaders as premature and a "distraction".

Many observers predicted that Steyer would run either for governor of California in 2018 or for the U.S. Senate seat now held by Dianne Feinstein (D), but in a Monday interview, Steyer said, "I'm not going to run for anything".

Steyer spent almost $100 million on organizing efforts during the 2016 campaign, where Republicans won the White House and maintained control of the House and Senate.

During his pro-impeachment push, Steyer has collected an active email list of millions of progressive activists.

"My fight is not just in California, my fight is in removing Donald Trump from office, and from power", Steyer said. The group plans to target eight Senate races, nine gubernatorial races, and more than 30 Congressional districts "in an effort to flip Congress back to Democratic control", the release said.

His campaign will go after notable Republicans such as House Speaker Paul Ryan, R-Wis., and Rep. Issa, who represents parts of Orange and San Diego Counties, is considered one of the most vulnerable incumbents in the country this year.

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