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Billionaire Tom Steyer enters 2020 presidential race

Billionaire Tom Steyer has announced a 2020 presidential campaign, adding his name to a crowded pool of Democrats vying to unseat President Donald Trump.
An environmentalist and advocate for the movement to impeach Mr Trump, he has donated millions to liberal causes.
Mr Steyer’s launch video focused on “pushing power down to the people” and blaming corporations for most of the nation’s “intractable” problems.
The California financier had previously said he would not run for office.
Forbes lists Mr Steyer’s net worth at $1.6bn (£1.2bn).
“Americans are deeply disappointed and hurt by the way they’re treated by what they think is the power elite in Washington DC,” Mr Steyer, 62, said in his campaign video.
“Almost every single major intractable problem, at the back of it you see a big money interest for whom stopping progress, stopping justice, is really important to their bottom line.”
He used climate change and the opioid crisis as examples of how corporate interests were negatively affecting the nation.
Mr Steyer also highlighted his own philanthropy, saying he had pledged to give away half of his wealth during his lifetime and had supported causes like young voter engagement and clean energy.
He heads the group Need to Impeach, which supports removing Mr Trump from office, and has spent millions backing Democratic candidates during previous election cycles.
According to the Center for Responsive Politics, Mr Steyer and his wife, Kathryn, are the second biggest political donors in the US, just behind Republican donors Sheldon and Miriam Adelson.
Mr Steyer has teased running for office before.