Despite Dem losses, don’t count out billionaire backer Tom Steyer yet

Published December 20, 2015

Billionaire green energy activist Tom Steyer may have been shut down in his bid to elect a slate of hand-picked governors and U.S. senators, but don't count him out just yet.

The PAC he founded is stacked with officers who have Hillary Clinton on speed dial, a California Supreme Court justice as a spouse and former colleagues in the White House.

And a Nov. 24 Federal Election Commission report showed that NextGen Climate Action Committee still has $4.7 million cash on hand after spending $72.9 million in a failed attempt to elect Democratic governors in Florida and Maine and senators in Colorado, Michigan and Iowa. Steyer donated $67 million of that amount.

So what's next?

NextGen didn't respond to an interview request to answer that question.

A mainstay in the press during the months before the election, Steyer and his PAC have been mum. The homepage of NextGen proclaims, "This is a fight we will win," seemingly a rallying cry to its troops until you click on the link and see that the message is before Nov. 4.

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URL

https://www.foxnews.com/politics/despite-dem-losses-dont-count-out-billionaire-backer-tom-steyer-yet