Tom Steyer declines to run for president in 2020

By Naomi Lim

Published January 9, 2019 9:48pm ET

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Tom Steyer declines to run for president in 2020 — Tom Steyer is interviewed on Cheddar on the floor of the New York Stock Exchange, Monday, April 2, 2018. Steyer, the billionaire hedge-fund magnate-turned-liberal activist, has committed at least $31 million this year to what is believed to be the largest youth vote organizing effort in American history. | (AP Photo/Richard Drew)

Tom Steyer, the billionaire hedge fund manager and environmentalist who has been pushing for President Trump’s impeachment, will not be running for president in 2020.

Steyer, 61, whose “Need to Impeach” petition to oust Trump from the White House has amassed almost 6.7 million signatures, won’t contest the Democratic Party’s presidential nomination, spokeswoman Aleigha Cavalier told the Washington Examiner.

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2020 Elections Donald Trump Impeachment Iowa Tom Steyer