One billionaire out: Tom Steyer bows out of Democratic presidential race after 3rd-place finish in South Carolina – By Russia Today Staff (Russia Today) / March 1 2020
Billionaire activist Tom Steyer has given up on his presidential bid after failing to win any delegates in South Carolina, according to projections. Steyer has been accused of buying his way into the race, having spent millions.
Steyer dug deep into his own pockets, spending about $20 million of his own money in South Carolina alone in hopes of overcoming the 15-percent threshold that would have allowed him to win delegates in the fourth and final early voting contest before Super Tuesday.
However, it was not to be, as Steyer is now projected to win less than 12 percent of the vote in the primary, dominated by former Vice President Joe Biden.
“I can’t see a path where I can win the presidency,” Steyer said, announcing his decision to put an end to his campaign.
While the former hedge fund manager from California and avowed environmentalist drops out of the race, the other billionaire – former New York City Mayor Mike Bloomberg – remains in the race for the Democratic Party nomination, even though Super Tuesday will mark the first occasion he appears on any primary ballots.
Continue to article: https://www.rt.com/usa/482038-steyer-campaign-ends-billionaire/
