Who is Tom Steyer? Anti-ICE billionaire in CA governor’s race faces scrutiny over detention investments

This material may not be published, broadcast, rewritten, or redistributed. ©2026 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions. Legal Statement. Mutual Fund and ETF data provided by LSEG. California gubernatorial candidate Steve Hilton reacts to Rep. Eric Swalwell's, D-Calif., campaign suspension over multiple sexual assault and misconduct allegations. Hilton asserts Swalwell's alleged behavior was an 'open secret' in Sacramento and on Capitol Hill, impacting the California governor's race. Hilton, endorsed by President Donald Trump, expresses confidence in his lead against Democratic opponents Katie Porter and Tom Steyer, calling for change in the state. Billionaire investor Tom Steyer is positioning himself as a critic of elites and immigration enforcement in California’s governor’s race — even as his own record, including investments in private prisons tied to ICE detention, draws scrutiny. That tension is surfacing on the campaign trail, with Democratic rival Rep. Katie Porter highlighting Steyer’s past $90 million investment in a