(Luis Cornelio, Headline USA) California gubernatorial candidate Tom Steyer is embroiled in controversy over his ties to Farallon Capital, the hedge fund he founded in 1986 that later became a major lender to the coal industry—despite his long-standing image as a climate change warrior.
Steyer, a billionaire Democratic donor and failed 2020 presidential candidate, has emerged as a frontrunner in California’s gubernatorial race after former Rep. Eric Swalwell suspended his campaign amid allegations of sexual misconduct.
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