Swalwell Abandons Race, Seeks House Re-Election: Campaign Update

Canada News News

Swalwell Abandons Race, Seeks House Re-Election: Campaign Update
Canada Latest News,Canada Headlines
  • 📰 YahooNews
  • ⏱ Reading Time:
  • 117 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 50%
  • Publisher: 59%

Billionaire hedge fund manager and impeachment maven Tom Steyer may be thinking -- yet again -- about getting into the presidential race

-- Eric Swalwell announced Monday that he’s exiting the presidential contest and will be seeking re-election to his House seat.

“Being honest with ourselves, we had to look at how much money we were raising, where we were in the polls,” Swalwell said. “We have to be honest about our own candidacy’s viability.”“If Megan Rapinoe gets in the race I’m probably going to endorse her,” he said, referring to the captain of the U.S. women’s soccer team, which won the World Cup Sunday..

Several news outlets -- including The Atlantic and the Washington Post -- reported that Steyer told allies that he could announce a run as soon as Tuesday. The second quarter funds came from 384,000 people, who made more than 683,000 donations, with the average contribution amount of $28, Lau said. More than 80% of the donors gave for the first time in the last three months, he added.

Buttigieg and Biden have gotten support from Democratic bundlers, the well-connected individuals who can arrange closed-door events with large numbers of donors who write $2,800 checks, the maximum donation a campaign can accept. Both candidates also make appeals to online donors as well. Candidates are due to report second-quarter totals to the Federal Election Commission officially on July 15. Some campaigns voluntarily announce the amount they raised ahead of the deadline as a demonstration of their support outside of polls.

Swalwell has focused on gun control in his campaign, going further than rivals by calling for the government to outlaw and “buy back” military-style assault weapons. A deputy of Speaker Nancy Pelosi, he’s been active in House investigations of President Donald Trump, and is a fixture on cable TV. -- Sahil KapurDonald Trump plans to tout U.S. environmental progress in a speech today as polls show many voters think climate change is a major issue in 2020.

Trump made cutting back environmental regulation a signature issue on the campaign trail in 2016 and moved aggressively once in the White House. He directed the Interior Department to resume selling coal on federal land and began easing limits on oil well releases of methane, a super-potent greenhouse gas. Trump also kept his promise to abandon the Paris climate accord -- a global pact to pare greenhouse gas emissions.

Likewise, Elizabeth Warren was the only top-five candidate on stage the first night, allowing her to dominate the event.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

YahooNews /  🏆 380. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Swalwell Quits Presidential Race for House Reelection BidSwalwell Quits Presidential Race for House Reelection BidThe California congressman got out before his bid became embarrassing. Others may, and definitely should, follow.
Read more »

Rep. Eric Swalwell becomes first 2020 Democrat to drop out of raceRep. Eric Swalwell becomes first 2020 Democrat to drop out of raceBREAKING: Eric Swalwell becomes first 2020 Democrat to drop out of race
Read more »

2020 Democrat Eric Swalwell ridiculed by Mitch McConnell's staff amid speculation he'll exit race2020 Democrat Eric Swalwell ridiculed by Mitch McConnell's staff amid speculation he'll exit raceSwalwell would become the first Democrat to end their presidential bid, just two days after the candidate took direct aim at McConnell for blocking gun control bills passed by the House.
Read more »

Who Is Stephanie Grisham, the New White House Press Secretary?Who Is Stephanie Grisham, the New White House Press Secretary?She's replacing Sarah Huckabee Sanders.
Read more »



Render Time: 2025-04-13 11:37:48