Big donor Steyer’s presidential run could deny millions to other Democratic races

Reuters quoted Sherry Bebitch Jeffe of the USC Price School on the potential impact of billionaire Tom Steyer’s presidential aspirations.

“The influence he is going to have on the campaign is probably to rob candidates farther down the ballot of the ability to raise the kind of money they need,” said Sherry Bebitch Jeffe, a retired University of Southern California public policy professor.

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