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Steyer Exits California Governor’s Race, Backs Becerra

  • Writer: By The Financial District
    By The Financial District
  • Jun 15
  • 1 min read

Billionaire climate activist Tom Steyer has exited California’s gubernatorial race and endorsed Xavier Becerra, reshaping the political landscape ahead of the November election.


Tom Steyer speaks during a campaign event before endorsing Xavier Becerra in California’s gubernatorial race. (Photo: Tom Steyer Facebook)
Tom Steyer speaks during a campaign event before endorsing Xavier Becerra in California’s gubernatorial race. (Photo: Tom Steyer Facebook)

Steyer, who campaigned as a progressive candidate focused heavily on climate policy, finished third in the primary election behind Becerra and Republican candidate Steve Hilton, a Trump-backed political commentator.


His campaign spent millions criticizing Becerra over alleged ties to oil-industry funding and calling for stronger action against major utility companies.



In his concession statement, Steyer endorsed Becerra, warning that a victory by Hilton “would be a travesty.”


Environmental groups that supported Steyer said his departure reduces the likelihood that climate change will remain a central issue in the gubernatorial campaign.


Advocates had hoped the general election would feature a deeper debate on how climate policy intersects with California’s cost-of-living concerns.








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