The rise of the progressive billionaire candidate

 The rise of the progressive billionaire candidate

Left activists who love Sen. Bernie Sanders have this year flocked to a surprising new champion: hedge fund billionaire Tom Steyer. In his campaign for California governor, Steyer has racked up the endorsements of Our Revolution (a group founded by Sanders 20…

California Democratic gubernatorial candidate Tom Steyer speaks during a news conference on May 7, 2026, in Los Angeles. | Justin Sullivan/Getty Images

Left activists who love Sen. Bernie Sanders …