California Democratic gubernatorial candidate Tom Steyer answers questions alongside KQED Politics Correspondent Guy Marzorati during a town hall at KQED in San Francisco, Calif., on Tuesday, May 26, 2026.

With one week until voting ends in California’s June primary, Democratic candidate for governor Tom Steyer sold himself as a populist who will use his experience in finance to squeeze more out of corporations and help average Californians with rising costs.

Steyer, one of the race’s three leading candidates, is a former hedge fund manager who has spent hundreds of millions of dollars of his fortune in recent years pushing progressive causes, including fighting climate change, opposing President Trump and, now, running for governor. At a KQED town hall Tuesday night, he returned to his campaign’s central theme of affordability.

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“If you want change in this state, if you believe this state is unaffordable for Californians, if you want to take on the corporate interests, there’s only one person,” Steyer told a live audience at KQED’s San Francisco headquarters. “I’m the change person. I’m the person who’s going to take on the corporate interests, and I’m the person that working people are behind. That is the choice in this election.”

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