Wednesday, 20 June, 2018

Billionaire behind Trump impeachment ads to bankroll Democrats for US House

Steyer won't run in 2018, but leaves door open for 2020 The Democratic Donor Who Wants Trump Impeached Is Pouring Millions Into the Midterms
Faye Gross | 09 January, 2018, 00:30

The former hedge fund manager, who told reporters he will not personally run for office in 2018, said he will also continue his national campaign calling for impeachment. "By my count, Donald Trump has committed at least eight impeachable offenses". Forbes estimates his wealth at $1.6 billion. He said he knows that the effort is making "some of our friends and allies in this city uncomfortable".

"My fight is not just in California, my fight is in removing Donald Trump from office, and from power", Steyer said. He did, however, explain that he would expand this effort to include political activism beyond the steps he has already taken-like giving complementary copies of "Fire and Fury", journalist Michael Wolff's explosive account of the internal workings of the Trump administration, to various members of Congress.

The book portrays Trump as a Republican candidate who did not actually expect to win the presidency and questions his mental fitness for office. "We now know that the Republican Party will not cross a president who controls their base no matter what he says or does".

Steyer said, arguing that he could make a bigger difference through activism rather than running for office.

Fodder scam sentencing: Lalu Yadav's son Tejashwi targets Nitish Kumar
Lalu Yadav on Friday had filed a plea seeking minimum punishment for himself citing his poor health condition. In fact, Lalu's other son, Tej Pratap Yadav is confident that his father will definitely get a bail.


Steyer's investment is an extension of the work his nonprofit, NextGen America, has done organizing on college campuses and online since 2014.

The mid-term elections will be a "fierce battle for the soul of America", Steyer said. He is the main source of cash for a super PAC called the NextGen Climate Action Committee, which spent more than $90 million in the last election cycle.

The money, he said, would be used in elections across ten states: Arizona, California, Florida, Iowa, Michigan, Nevada New Hampshire, Pennsylvania, Virginia and Wisconsin. It said it aims to "register more than 250,000 young voters". Late a year ago, Steyer spent millions of dollars to run an ad arguing for Trump's impeachment, and started a petition that has garnered over 4 million signatures.

House Minority Leader Nancy Pelosi of California has called impeachment efforts a distraction and warned they could backfire against Democrats. "If Democrats' message for 2018 is a baseless impeachment threat that the majority of voters disagree with, they're going to lose".

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