Tom Steyer ends campaign after Biden wins South Carolina primary

Steyer: Institutional politicians, like Biden, think they own the minority vote

Democratic presidential candidate Tom Steyer weighs in on his 2020 competition and calls for him to drop out.

Billionaire and environmental activist Tom Steyer is ending his presidential bid, his campaign told Fox News Saturday.

The move came shortly after former Vice President Joe Biden won the South Carolina Democratic presidential primary.

Fox News’ Patrick Ward contributed to this report.

This is a developing news story.