Money, Riches and Wealth

6:00 pm - 7:00 pm

Tom Steyer Campaign Skirts Campaign Finance Law by Paying Influencers to Do His Bidding

image

Gubernatorial Candidate Tom Steyer, CA, is under fire after campaign filings reveal thousands of dollars spent paying online influencers to spread Steyer’s influence on TikTok, as reported by various outlets. 

Advertisement

Several influencers, including Isaiah White and Jason Chu, were paid for ‘online communications’, sparking controversy around potential violations of ad disclosure provisions. 

The FPPC investigation launched on May 16; however, it has not halted Steyer’s efforts. Progressive influencer Carlos Eduardo Espina personally disclosed in a video that he is receiving a whopping $400,000 to promote Steyer’s leftist policies, posing as a ‘Latino voice’ for the campaign. That number contradicted a report from the NY Times and other outlets, which reported Espina was paid $100,000 for his content. 

Espina has posted dozens of videos outwardly campaigning for Steyer, disguising the content as an organic endorsement. He even appeared alongside Steyer at a campaign event at an LA College, despite being from Texas. 

Recommended

Advertisement

The comments do not exactly suggest overwhelming support for Steyer and his finance gimmicks. 

While the investigation is ongoing, a current gap in authority between the FEC and FTC might excuse the nondisclosures. The FEC has no explicit laws for political influencers, which remain a separate category from TV and print ads. The FTC enforces commercial promotion disclosures, but the rule does not currently apply to political content. The gap is sparking bipartisan calls to address the issue. 

Advertisement

Despite the rapidly accumulating campaign expenses, Steyer is currently polling at just 15 percent, trailing behind opponents. Steyer must’ve forgotten about former squad member Cori Bush, who lost her August 2024 Democratic Primary after relying almost entirely on digital campaigning. 

Politicians should heed the warning these instances provide, which demonstrate the limits of digital campaigns.