Steyer rolls out largest TV ad buy of Democratic primary so far: report

Billionaire Tom SteyerTom SteyerBloomberg wages war on COVID-19, but will he abandon his war on coal? Overnight Energy: 600K clean energy jobs lost during pandemic, report finds | Democrats target diseases spread by wildlife | Energy Dept. to buy 1M barrels of oil Ocasio-Cortez, Schiff team up to boost youth voter turnout MORE is launching an ad buy with the start of his presidential campaign that will reportedly be larger than that any 2020 Democrat has launched so far.

Politico reported Wednesday that Steyer is set to launch a $1.4 million ad campaign including ads that will run nationally on the three cable news networks as well as on local stations in four early primary states.

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The ads will begin appearing today and will broadcast through July 23, according to Politico.

“Government by and for all the people, not just the powerful and well-connected,” the billionaire activist says in one ad released on YouTube. “That’s the American promise, but big special interests and corporations are in control.”

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“Nothing’s happening for real people. Our democracy’s been purchased,” he continues.

In another ad, Steyer highlights his decision to leave his billion-dollar investment company to focus on activism surrounding President TrumpDonald John TrumpSenate advances public lands bill in late-night vote Warren, Democrats urge Trump to back down from veto threat over changing Confederate-named bases Esper orders ‘After Action Review’ of National Guard’s role in protests MORE’s impeachment and the fight against climate change.

“I left my business to combat climate change, fix our democracy, and hold President Trump accountable,” he says.

Steyer announced his bid for the White House on Tuesday, joining a crowded Democratic Party field that the same day saw the departure of Rep. Eric SwalwellEric Michael SwalwellNASCAR bans display of Confederate flag from events and properties Gloves come off as Democrats fight for House seat in California Grenell says intelligence community working to declassify Flynn-Kislyak transcripts MORE (D-Calif.).

Steyer immediately faced criticism from progressives such as Sen. Bernie SandersBernie SandersThe Hill’s 12:30 Report: Milley apologizes for church photo-op Harris grapples with defund the police movement amid veep talk Biden courts younger voters — who have been a weakness MORE (I-Vt.) and Elizabeth WarrenElizabeth WarrenWarren, Democrats urge Trump to back down from veto threat over changing Confederate-named bases OVERNIGHT DEFENSE: Joint Chiefs chairman says he regrets participating in Trump photo-op | GOP senators back Joint Chiefs chairman who voiced regret over Trump photo-op | Senate panel approves 0B defense policy bill Trump on collision course with Congress over bases with Confederate names MORE (D-Mass.), both of whom questioned why wealthy figures such as Steyer thought they could effectively buy political power in America.

“I like Tom personally, but I do have to say, as somebody who in this campaign has received 2 million contributions, averaging $19 a person, I’m a bit tired of seeing billionaires trying to buy political power,” Sanders told MSNBC.

Warren shared the Vermont senator’s sentiments.

“The Democratic primary should not be decided by billionaires, whether they’re funding Super PACs or funding themselves,” Warren added in a tweet. “The strongest Democratic nominee in the general will have a coalition that’s powered by a grassroots movement.”