Famous billionaire and major Democrat donor Tom Steyer is scheduled to make an official announcement about his 2020 candidacy this week.
Rumors have been swirling for months that campaign launch was in the works, but have not been confirmed until now.
The California billionaire reportedly spent over $100 million to bolster Democrat candidates in the 2018 midterms.
In recent months, Steyer has made a name for himself by spending millions of dollars in anti-Trump TV commercials. Steyer is hoping that money talks enough to make him a viable candidate in an already crowded playing field.
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