Tom Steyer | Entertainment News, Photos, and Videos

Tom Steyer is no longer in the running to become the next President of the United States of America.

The 62-year-old activist billionaire from California announced he was dropping out of the race on Saturday (February 29) after a disappointing finish in the South Carolina Democratic primary.

“Honestly, I can’t see a path where I can win the presidency,” Tom told supporters in South Carolina via the Washington Post. “When the Lord closes a door, he opens a window. I will find that window and crawl through with you. … This has been a great experience and I have zero regrets.”

Still in the running for the Democratic nomination are former Vice President Joe Biden, former South Bend Mayor Pete Buttigieg, Senator Bernie Sanders, Senator Elizabeth Warren, Senator Amy Klobuchar, and former New York City Mayor Mike Bloomberg.

Saturday Night Live parodied the latest Democratic debate – and there were so many stars involved in the hilarious skit!

The sketch aired during Saturday’s episode (November 23) of SNL, which was hosted by Will Ferrell.

Maya Rudolph played Kamala Harris, Rachel Dratch played Amy Klobuchar and Fred Armisen played Michael Bloomberg, while Woody Harrelson and Larry David played Joe Biden and Bernie Sanders, respectively.

Kate McKinnon played Elizabeth Warren, Colin Jost played Pete Buttigieg, Chris Redd was Cory Booker, Bowen Yang was Andrew Yang, Cecily Strong was Tulsi Gabbard and Melissa Villasenor was moderator Rachel Maddow. Will Ferrell played Tom Steyer.

READ MORE: Will Ferrell Gets Starstruck by Ryan Reynolds During ‘SNL’ Monologue – Watch Now!

Watch all of the stars poke fun at the 2020 Presidential hopefuls inside…

The fifth debate between 2020 Democratic presidential primary candidates is happening on Wednesday evening (Nov. 20), beginning at 9 p.m. ET.

The event is taking place at Tyler Perry Studios in Atlanta, Georgia, and is being co-hosted by MSNBC and The Washington Post.

The all-female moderator team includes Rachel Maddow, Andrea Mitchell, Kristen Welker and Ashley Parker.

The candidates participating are Minnesota Sen. Amy Klobuchar, New Jersey Sen. Cory Booker, South Bend, Indiana, Mayor Pete Buttigieg, Vermont Sen. Bernie Sanders, former Vice President Joe Biden, Massachusetts Sen. Elizabeth Warren, California Sen. Kamala Harris, businessman Tom Steyer, Hawaii Rep. Tulsi Gabbard and entrepreneur Andrew Yang.

To watch, a live stream will air on WashingtonPost.com and MSNBC.com, as well as their respective apps. The debate will air until 11 p.m. ET.