Steyer said he could announce as soon as Tuesday
a former hedge fund manager turned climate activist, has been telling people close to him that he sees an opening in the crowded 2020 pool. In a conference call with grassroots groups Need to Impeach and NextGen America, .
It’s a major reversal for the 62-year-old philanthropist, who in January made the unusual decision torunning for president, vowing instead to “do whatever it takes for as long as it takes to remove a president” and hold Trump “accountable.
The other stumbling block is this month’s Democratic debates. Only 20 candidates will be included in the two-night event, and 21 have already reached the DNC’s qualification threshold of getting 65,000 donors or reaching 1% in three qualifying polls—which means one candidate will have to get cut. So not only would Steyer have to cross one or both thresholds, but he would also have to survive some sort of tiebreaker. And the deadline to do so is next week. With a personal fortune of $1.
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