'I am somebody who built a business from scratch,' Steyer said during an interview on 'Squawk Box' from Manchester, New Hampshire, the first Democratic primary state.
Asked directly about whether his ties to the business world could limit his appeal to a party that is growing disenchanted with capitalism, Steyer said that he does believe there is a "problem with business in the United States."
"That's this: Business thinks that it can take over government, and has successfully done so. If you take a look at what's happened over the last 40 years, the business community has been able to write the rules for itself and how it's going to operate," Steyer said. He said that he is the person to take on business's influence in government because "I've been successfully taking them on for 10 years."
"Listen, when we were in Farallon, we invested in every part of the economy, including fossil fuels," Steyer said. But he added, in the time since: "I divested from all of those, I took the Giving Pledge, and for 10 years I've been working as an environmentalist to take on the oil and gas companies."Steyer has been heavily involved in progressive advocacy for much of the last decade, and founded the national progressive organization NextGen America in 2013.
formally entered the 2020 presidential contest and said he was willing to put forward $100 million to fund his bidTo date, Steyer has struggled to gain traction among voters despite prolific spending. An average of national polls shows that Steyer has only about 0.4% support. He performs slightly better in the early states, with a 2.5% average in Iowa, the first caucus state, and a 2% average in New Hampshire. He did not qualify for the third Democratic debate scheduled for next week.
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