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.

Democratic activist and billionaire investor Tom Steyer has won support from progressives in his bid for governor. Although critics have questioned whether his tremendous wealth distances him from the concerns of everyday Californians, Steyer argues he has the independence to take on utilities and oil companies.

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Earlier this week, Steyer took questions from a live audience at a KQED town hall moderated by Guy Marzorati.

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