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The rise of the progressive billionaire candidate
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 have this year flocked to a surprising new champion: hedge fund billionaire Tom Steyer. Key takeaways Tom Steyer, JB Pritzker, Ro Khanna, and Saikat Chakrabarti are all very wealthy candidates or politicians who have been surprisingly successful at winning praise from the left, given the general suspicion of billionaires and fear of big money in politics. Each has a different story of...3 hours ago
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