Tom Steyer ends his campaign for president l ABC News

The billionaire Democratic candidate for president dropped out of the race, saying he no longer saw a path to victory. READ MORE: https://abcn.ws/38f5oGu

Billionaire businessman and liberal activist Tom Steyer, who poured millions into a bid for the White House despite initially saying he would not seek the Democratic Party’s nomination in 2020, has ended his presidential bid.

Running a campaign centered on rooting out corporate influence over American politics, and combatting the challenge of climate change, Steyer spent over $150 million of his own money on television advertisements to boost his name recognition and get himself in front of voters in the four early voting states of Iowa, New Hampshire, Nevada and South Carolina.

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