Billionaire Tom Steyer drops $12 million to support Proposition 50

Billionaire Tom Steyer drops  million to support Proposition 50

As California voters receive mail ballots for the November special election, which could upend the state’s congressional boundaries and determine control of the House, billionaire hedge-fund founder Tom Steyer said Thursday he will spend $12 million to back Democrats’ efforts to redraw districts to boost their party’s ranks in the legislative body. The ballot measure … Read more