Billionaire Tom Steyer’s ad spending breaks records in California governor’s race (opens in new tab)

Tom Steyer speaks during a California gubernatorial debate hosted by CBS Bay Area and the San Francisco Examiner in San Francisco, Thursday, May 14, 2026. (AP Photo/Godofredo A. Vásquez, Pool)2026-05-27T04:06:39Z LOS ANGELES (AP) — Win or lose, billionaire will leave a mark in the history books in his bid to become California’s next governor — he’s running the most expensive political advertising campaign in the country this year.Steyer — — has spent or booked more than $195 million in ads fo...