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Steyer speaks to reporters after the December Democratic debate. Photo: Robyn Beck/AFP via Getty Images

Billionaire Tom Steyer's presidential campaign has hired Democratic delegate guru Jeff Berman, a move that signals Steyer intends to stay in the race for months despite his standing at around 2% in national polls.

Why it matters: Berman, whose detailed understanding of the delegate process was key to Barack Obama's nomination in 2008, could be especially valuable if there's no clear frontrunner after the first several 2020 caucus and primary contests — or in a brokered convention scenario.

Details: Berman joins the Steyer campaign as a senior strategic adviser, the campaign said today.

  • He previously advised Beto O'Rourke's campaign. O'Rourke dropped out of the race in November.
  • Berman was a delegate strategist for Hillary Clinton in 2016, and previously served as the Obama campaign's delegate director.
  • Berman has worked with the Democratic National Committee on reforms to the nominating process.
  • Steyer is best know for his initiatives to address climate change and to impeach President Trump.

Go deeper

Dan Primack, author of Pro Rata
1 hour ago - Economy & Business

Scoop: Red Sox strike out on deal to go public

Illustration: Sarah Grillo/Axios

The parent company of the Boston Red Sox and Liverpool F.C. has ended talks to sell a minority ownership stake to RedBall Acquisition, a SPAC formed by longtime baseball executive Billy Beane and investor Gerry Cardinale, Axios has learned from multiple sources. An alternative investment, structured more like private equity, remains possible.

Why it matters: Red Sox fans won't be able to buy stock in the team any time soon.

Trump political team disavows "Patriot Party" groups

Marine One carries President Trump away from the White House on Inauguration Day. Photo: Patrick Smith/Getty Images

Donald Trump's still-active presidential campaign committee officially disavowed political groups affiliated with the nascent "Patriot Party" on Monday.

Why it matters: Trump briefly floated the possibility of creating a new political party to compete with the GOP — with him at the helm. But others have formed their own "Patriot Party" entities during the past week, and Trump's team wants to make clear it has nothing to do with them.