Billionaire Tom Steyer is leading a multimillion-dollar effort to remove Donald Trump from the presidency. He is also looking into pursuing the job himself — especially if Democrats do well in elections this fall.
Steyer has said publicly that he's not ruling out a 2020 run for president. But behind the scenes, the former hedge-fund chief is taking a more aggressive approach toward launching a campaign for the White House, sources told CNBC.
According to interviews with six people close to Steyer, the Democratic megadonor has privately indicated he's preparing to make a decision about running. He will likely run, these people added, if Democrats flip the House and make inroads in the Senate, where the GOP holds a razor-thin majority. Pundits give Democrats good odds to win the House, but Republicans are considered likely to keep control of the Senate.