Billionaire Activist Tom Steyer Is Unapologetic About His Ambitions to Impeach Trump
*By Christian Smith*
Billionaire activist Tom Steyer is not apologizing for his campaign to impeach Donald Trump.
In an interview with Cheddar Monday, he dismissed criticism from certain Democrats that focusing on impeachment will energize the Republican base.
"Standing up for the Constitution and the American people" should be more important than campaign tactics, he said.
But Steyer is focused on both the immediate and the political long term.
If Democrats don't take back the House of Representatives next month, "this year is a failure," he said.
Otherwise, Steyer said, the thousands of hours and millions of dollars pumped into this election cycle will have been for nothing.
"We've just got to say that and own it," he said of acknowledging the urgency of the midterms for Democrats.
According to an August report, Steyer has poured more than $120 million into this election cycle primarily through his two political groups ー the "NextGen America" super PAC and the "Need to Impeach" campaign.
Steyer's game plan is to mobilize the millions of millennials who don't normally vote in an attempt to undermine President Trump, whom Steyer calls a "corrupt, lawless, and dangerous president."
NextGen America has spent millions of dollars engaging young voters in key battleground states like Florida. Millennials traditionally haven't shown up to vote in the same numbers as other generations, but Steyer isn't fazed.
"I am confident," Steyer said when asked whether he thought millennials would turn up at the polls.
To some, Steyer's well-oiled political machine might resemble the early outline of a possible 2020 campaign.
But the former hedge fund manager reiterated that his focus rests solely on the midterms ー at least for now.
"We are nose down through Nov. 6, 2018," Steyer said.
"I think anyone who is thinking about themselves instead of doing what's right and doing the work over the next two weeks, or over the past two months, really is missing the point."
For full interview [click here](https://cheddar.com/videos/how-billionaire-tom-steyer-plans-to-mobilize-his-political-machine).
Student loan debt continues to be a major concern for tens of millions of Americans who collectively owe about $1.7 trillion. Black college students often take on larger amounts of student debt in order to pay for a higher education. In turn, they are more likely to struggle post-graduation with repaying their debt, creating a racial wealth gap divide. Andre Perry, senior fellow at Brookings Institution joined All Hands to help break down the black student debt crisis.
After two NYPD officers were killed with an illegal gun, President Biden made a trip to New York City to speak on the issue of gun violence fed by the "iron pipeline" of illegal firearms that make their way from the South to the Big Apple. Kris Brown, the president of the gun violence prevention organization Brady United, joined Cheddar to discuss what this visit from the president could mean for the future of gun laws in America. "He's asked Congress to pass things like expanding the Brady background check system, but with the filibuster a barrier to so much action right now in the Congress, he's looking at solutions that involve funding at the federal level and really involve enforcement."
Following the surprising big beat on estimates for the January jobs report, William M. Rodgers III, vice president and director of the Institute for Economic Equity at the Federal Reserve Bank of St. Louis, joined Cheddar News to break down the data. “We ended 2021 with a strong crescendo to a recovery that had taken hold, and we started 2022 in good fashion." He also discussed the dueling pressures of wage growth and inflation.
Jessica Mason Pieklo, senior vice president and executive editor of the Rewired News Group and co-host of the podcast. "Boom! Lawyered," joins Cheddar Politics to discuss Justice Stephen Breyer's retirement, legacy and potential replacement on the Supreme Court.
The Biden administration delivered a temporary win for student loan borrowers this year by extending the moratorium on federal payments for a few more months. That moratorium is coming to an end on May 1st and borrowers will again have their monthly loan payment plopped in their lap.
Stephanie Vanderslice, a creative writing professor paying off debt through the Parent Plus program, and Mike Pierce, executive director of the Student Borrower Protection Center, join Cheddar Politics to discuss.
2022 was already going to be a big year for the Supreme Court. We have decisions on major issues like abortion and gun rights on the way. Then, Justice Stephen Breyer announced his retirement and that set up a major confirmation fight for later this year. Amy Howe, co-founder of SCOTUSblog, joins Cheddar Politics to discuss.
The Labor Department released a better-than-expected report of 467,000 jobs added in January. Heather Boushey, Council of Economic Advisers Member for President Biden, joined Cheddar to tout the administration's handling of the economy amid the pandemic and the upward revisions for the previous month. "It also shows that, because of the revisions, the economy was stronger over the past couple of months," she said. "I don't think that this can be said enough, but economic forecasting during an historic pandemic is extremely difficult." Boushey also addressed issues involving wage growth versus the rapid rise of inflation.
The Labor Department's January jobs report showed 467,000 jobs were added, compared to the 150,000 that were projected, a sign that employment is continuign to return to pre-pandemic levels. Lindsey Piegza, chief economist at investment bank Stifel, joined Cheddar to break down the report, noting the big gains but adding a note of caution. "Remember, even with this morning's stellar report, we're still millions below that level that we had reached prior to the onset of COVID-19," she said." Yes, we are recapturing jobs. We still have further ground that needs to be made before we can talk about reaching that previous peak." Piegza also discussed the role of the Federal Reserve going forward as the employment figures turn more positive.
