Tom Steyer, the San Francisco billionaire who ran a quixotic campaign for president in 2020, announced on Wednesday that he was entering the crowded race to become the next governor of California.

Tom Steyer, a billionaire philanthropist and climate activist who previously made an unsuccessful run for president in 2020, has entered the already crowded race to replace Gavin Newsom as California'...

According to The Associated Press, Steyer, 68, announced his campaign on Wednesday, positioning himself as a Democrat focused on affordability, economic reform and environmental protection.