Tom Steyer stops short of endorsing Nancy Pelosi as Democratic leader after midterms

Still, Steyer’s impeachment efforts are ongoing, as well as he’s not afraid to support candidates outside the Democratic establishment in order to push his $40 million campaign against the president.

Sen. Dianne Feinstein, D-Calif., one of the longest-serving senators, is actually one of Steyer’s most recent targets. He recently backed her primary opponent, California state Senate President Pro Tempore Kevin de Leon. Steyer’s endorsement came less than two months before the June 5 primary as well as could give de Leon the financial boost he needed to upset Feinstein.

Steyer told CNBC in which he has no regrets about the decision as well as in which he supports de Leon because of his work on climate-change initiatives. He also said the Democratic establishment has shortchanged de Leon.

“He had been a huge climate leader, huge labor champion, a real nationwide leader in terms of immigrants’ rights as well as we just felt like, in addition to everything else, we felt he wasn’t getting a fair shot by the establishment,” Steyer said.

Steyer as well as his wife, Kathryn, have contributed more than $16 million so far in 2018 to campaigns through a variety of committees as well as nonprofits, according to the Center for Responsive Politics. in which’s second behind Republican megadonor Richard Uihlein as well as his wife, Elizabeth, who have given $25 million.

— Graphic by CNBC’s John Schoen

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