Story perspectives

Tom Steyer Enters California Governor Race, Targets Affordability Crisis

11/19/2025

Summary

Story summary

Tom Steyer (California gubernatorial candidate) announced his candidacy for California governor, focusing on the affordability crisis.
Steyer highlighted his past successes in raising tobacco taxes and closing corporate tax loopholes.
Steyer aims to lower utility costs, build one million homes in four years, make preschool and community college free, and ban corporate PAC money in elections.
The race is competitive, with Democrats and Republicans including Chad Bianco vying for the seat as Gavin Newsom steps down.

History

Historical Context

Gavin Newsom was elected California's governor in 2018, promising progressive reforms amid a housing crisis of over 3.5 million homes. His tenure faced challenges, including a recall election in 2021, where he successfully defended his position against Republican Larry Elder. The ongoing housing shortage and campaign finance reform discussions, highlighted by Tom Steyer's candidacy, continue to shape California's political landscape.

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Story summary

Tom Steyer (California gubernatorial candidate) announced his candidacy for California governor, focusing on the affordability crisis.
Steyer highlighted his past successes in raising tobacco taxes and closing corporate tax loopholes.
Steyer aims to lower utility costs, build one million homes in four years, make preschool and community college free, and ban corporate PAC money in elections.
The race is competitive, with Democrats and Republicans including Chad Bianco vying for the seat as Gavin Newsom steps down.

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