Billionaire Tom Steyer drops out of Democratic race
Democratic presidential candidate Tom Steyer speaks at "Our Rights, Our Courts" forum New Hampshire Technical Institute's Concord Community College, Saturday, Feb. 8, 2020, in Concord, N.H. (AP Photo/Andrew Harnik)
COLUMBIA, United States, March 1, 2020 (BSS/AFP) – Billionaire activist Tom Steyer dropped out of the race for the Democratic presidential nomination on Saturday after a disappointing finish in the South Carolina primary.
Steyer spent more than $20 million on advertising in South Carolina but
was heading to a third-place finish behind former vice president Joe Biden
and Vermont Senator Bernie Sanders.
“We were disappointed with where we came out,” Steyer said in a speech to
supporters. “I said if I didn’t see a path to winning I’d suspend my
campaign,” he said. “And I can’t see a path where I can win the presidency.”
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