Tom Steyer not running in 2018, will funnel $30M into races to boost Democrats

Billionaire climate activist Tom Steyer will not run for office in 2018, but plans to funnel $30 million into congressional races as he attempts to flip Republican seats in Congress to the Democrats. (Associated Press)

Billionaire climate activist Tom Steyer will not run for office in 2018, but plans to funnel $30 million into congressional races as he attempts to flip Republican seats in Congress to the Democrats.

Steyer’s name had been floated as a Senate or gubernatorial candidate in California in 2018. But the Democratic megadonor has other plans, announcing Monday in Washington, D.C., that he will be targeting 24 Republican-held districts and swing seats Democrats are defending in 10 states.

Steyer burst onto the political scene in 2014 when he launched NextGen Climate to make climate change a wedge issue in Senate races. He again contributed to races and get-out-the-vote efforts in 2016 and 2017 elections.

“I’ve spent months wondering how I can make the biggest differential impact,” Steyer said. “I believe that the most important task for me, the task which I feel called to do, is organizing and mobilizing America’s voters.

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