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During a campaign rally in Fort Worth, Leppert endorsed Donald Trump in the 2016 Republican Presidential Primary.

Leppert ran on the pledge of reducing crime and increasing the number of police officers in the city of Dallas. He helped add 200 new police officers to the city's ranks, which resulted in a drop in crime rates each year Leppert was in office—including a 10% reduction in 2010.

Leppert became President and Chief Operating Officer of Kaplan, Inc. in January 2013, assuming day-to-day oversight of the company's operating divisions: Kaplan Test Prep and Kaplan Higher Education in the United States, and Kaplan International, with operations across Europe, Asia, and Australia. In April 2014, Leppert became CEO of Kaplan, Inc.

In his campaign for Texas Senator in 2012, Leppert ran ads that characterized his opponents as "empty suits".

Rumors soon circulated that Leppert was considering a Senate run directly against Hutchison in 2012, a possibility he did not refute during an April 2010, interview.

Leppert was eliminated from the U.S. Senate race after finishing third in the May 29, 2012 Republican primary election, earning 13.3% of the votes cast. Former Texas Solicitor General Ted Cruz eventually won the 2012 Republican nomination for the open Senate seat, defeating Lt. Governor David Dewhurst in the Republican primary runoff by 57% to 43% on July 31, 2012.

In January 2011, Leppert announced that he would not seek re-election to the office of mayor in May. This further fueled speculation that he was planning a run for the now open U.S. Senate seat being vacated by Hutchison.

On February 22, 2011, it was reported that Leppert would announce his resignation from the office of mayor the next day. The Washington Post noted that this is a necessary first step for his expected run for Senate because Dallas law prohibits the mayor from running for another office while still serving as mayor.

Leppert resigned his seat as mayor effective at midnight on February 25, 2011. He told The Dallas Morning News that his campaign for the U.S. Senate would begin immediately, with Mike Slanker, former political director of the National Republican Senatorial Committee, acting as his chief campaign consultant.

Leppert ignited a controversy when he opposed no-bid concessions contract extensions with current Love Field food vendor Star Concessions Ltd. and newspaper and book vendor Hudson Retail Dallas during a March 3, 2010, city council meeting. Leppert insisted that the contracts should be opened to public bidding instead. Leppert demanded that city staff—who backed the extensions—appear before the full council and explain why the concessions contracts were not opened to public bidding.

On February 22, 2010, the city council's Transportation and Environment Committee had previously voted to extend contracts with the existing concessions for through 2026 with an additional 3-year option and exclusive rights to 54 percent of vending space in a new terminal scheduled to open in 2014, instead of opening the contract up to public bidding

In an April 26, 2010, editorial, The Dallas Morning News called the lack of transparency and fiduciary responsibility "troubling". The Dallas Morning News noted that the situation was complicated by the fact that the concessions operators were partially owned by two elected officials—State Representative Helen Giddings and U.S. Representative Eddie Bernice Johnson.

On May 21, 2010, The Dallas Morning News reported that Assistant City Manager A.C. Gonzalez said that city staff recommended in June 2007 that all concession space in the renovated airport be opened up for competitive bids, but that plan was opposed by city council members. On June 9, 2010, The Dallas Morning News reported that airport consultants said that the no-bid plan was unusual and could result in an inferior deal for the city. According to a June 17, 2010 article in the Dallas Observer, Gilbert Aranza—owner of Star Concessions Ltd.—accused Leppert of hypocrisy given his support for similar no-bid contract extensions during his tenure on the D/FW Airport Board.

In an apparent victory for Leppert, the city council voted on August 18, 2010, to open all concessions space in the new terminal for public bidding; city staff would attempt to reach a deal with Star and Hudson to operate existing concessions space from 2011 to 2014, otherwise it would also be opened for public bidding.

In 2010, once again, Leppert led the opposition of yet another property tax rate increase proposal. In response to the estimated $130 million shortfall in the city's $2 billion budget, Leppert crafted a new budget proposal to close the budget gap without increasing taxes. Despite Leppert's strong objections, the city council voted by an 8-7 majority to pass a 6.5% property tax rate increase anyway—the largest in 20 years.

Following the federal government's failure to approve Leppert's request for stimulus funds, in February 2009 he announced plans to seek an alternate form of financing. He argued that if Dallas did not build the hotel, it would fall further behind other cities in the competition for convention and tourism business, and that larger conventions would not even consider Dallas because it does not have a hotel attached to its convention center. He also argued that, because it would attract more visitors to Dallas, the building of the hotel would lead to a broadening of Dallas' tax base and an increase in jobs and sales tax revenue to the city. In May 2009, he successfully lobbied the City Council to approve spending $42 million to purchase land on which the proposed hotel would be located.

The project was financed with $388.2 million in federally-subsidized revenue bonds issued under the Obama administration's Build America Bonds program (which means that the federal government reimburses the city 35% of the interest associated with the issue) and $91.7 million in conventional hotel revenue bonds ($479.9 million total). Repayment is anticipated to come from a combination of $249.1 million in direct subsidies from the federal government (associated with the Build America Bonds), $212.9 million in pledged state and city occupancy and sales taxes associated with the property's operation, and the remainder from hotel net operating income. In addition, the bonds are further backed by a "Moral Obligation Pledge" from the City of Dallas to cover any shortfalls. The hotel broke ground in 2009 and is projected to open in 2012.

In November 2009, the city council passed a series of four ethics reforms championed by Leppert that:

On May 17, 2008, Leppert received an honorary doctorate from his undergraduate alma mater, Claremont McKenna College, for which he serves as a trustee. Leppert told graduates to "know your principles" and encouraged them to write them down. "This may sound simple and obvious, but over the course of a lifetime, it may be one of the most difficult promises you ever keep. I know I am confronted by this each and every day. Simply stated, using generic terms like honesty and integrity are not near enough[...] People rarely get in trouble or lose their compass in one fell swoop... it is a series of small compromises, missteps that lead to a landslide... and a lost sense of self." In the same speech, Leppert called his visit to Auschwitz a "single day [that] changed the way I looked at the world."

In January 2008, Mayor Leppert embarked on a trade mission to Monterrey, Mexico, to promote Dallas's medical, educational, and corporate institutions. Another part of the trip's agenda was to lobby on behalf of an inland seaport in the Dallas area. Leppert was joined by more than a dozen officials from city government, the Dallas Independent School District and various health care and commercial institutions in the largest mission of its kind in years. One of the agreements reached on the trip include a plan for an MD/PhD program in Mexico provided by UT Southwestern Medical School. Leppert also stated that Mexican President Felipe Calderón would be visiting Dallas on his next visit to the United States.

In December 2008, Leppert began lobbying the Obama administration for $386 million in Community Development Block Grant funds to be awarded by the federal government for the purpose of building a new convention center hotel in downtown Dallas (a project that had been on Dallas' drawing board for nearly two decades), stating: "Let's use this as an opportunity. Most of the economy in the country is in metro areas. Let's make sure we use this (stimulus) money much as we did back in the 1930s, so that when we come out we have a much stronger economy and we're in a much better position."

On February 21, 2008, Leppert unveiled The Every Child Ready to Read @ Dallas program. This program was part of Leppert's larger plan to improve Dallas's education system which was unveiled in 2007.

In 2008, despite early calls for another property tax rate increase, Leppert successfully led opposition to prevent another rate increase. Leppert also successfully led opposition to another proposal to increase property tax rates in 2009.

In late 2008, it was widely rumored that Leppert would run in a potential special election for Kay Bailey Hutchison's United States Senate seat, which she was widely expected to vacate during her run for Texas governor; in a December newspaper interview, Leppert denied he had started to campaign, but he refused to entirely rule out the possibility. However, Hutchison retained her Senate seat, and her gubernatorial campaign ended when she lost the 2010 Texas Republican primary to incumbent Rick Perry.

Leppert defeated city councilman Ed Oakley in a runoff election June 16, 2007, winning with 58 percent of the vote. Some attribute his win to unexpected support from leaders within the African American community of the traditionally Democratic southern section of the city and his appeal to Republicans.

In December 2007, Leppert released his ethics plan that would ban city council members from accepting free tickets to events, and modernize the city's campaign finance disclosure system by creating a searchable, online campaign finance database and requiring electronic filing of campaign finance reports for political candidates in the city. In March 2008, the city council approved Leppert's electronic campaign finance filing system proposal.

During candidate Leppert's 2007 mayoral campaign, he ran a television commercial featuring Dallas Cowboys legend Roger Staubach telling Dallasites, "I hope you'll say 'no' to new taxes by saying 'yes' to Tom Leppert." However, in September of that year he voted with the majority of the Dallas City Council in a successful push to raise taxes, hailing the budget as a good deal for Dallas residents, balancing a modest tax increase against a bevy of improved city services.

After receiving a plurality of votes among a crowded field of candidates in the 2007 Dallas Mayoral Election, Leppert won a spot in a runoff election along with Dallas City Council member Ed Oakley. Leppert was victorious in the runoff election.

Leppert is a member of First Baptist Church Dallas and was formerly a member of the Dallas Country Club (prior to resigning in December 2006 due to his concern that the club's tradition of refusing membership to black applicants could become an issue during the mayoral campaign). He and his wife Laura have two sons and a daughter. Leppert grew up in Phoenix, Arizona. Leppert was a member of the youth leadership organization DeMolay International and rose up the ranks of Arizona DeMolay to become State Master Councilor (State President) in 1972–1973. He was inducted into the DeMolay International Hall of Fame in 2010. He attended college at Harvard University, where upon graduation in 1979, worked in Los Angeles, Washington, DC, and New York City before moving to Dallas between 1986 and 1989; in 1989, he moved to Honolulu, where he resided until 1999 (when he became CEO of the Turner Corporation). Upon joining Turner, he relocated to the Park Cities (an affluent suburb of Dallas) and moved the holding company's headquarters to Dallas. He moved to Dallas in 2003.

Leppert received the Torch of Conscience award from the Dallas-based Southwest region of the American Jewish Congress in 2006, the Russell H. Perry Free Enterprise Award from Dallas Baptist University for achievement in free enterprise and service to the community in 2009, and the Distinguished Business Leader award from the Dallas chapter of the Texas Association of Business in 2010. He was also named a 2007 "Business Person of the Year" finalist by the Dallas Business Journal, and "CEO Of The Year" by D Magazine in 2008. Inducted into the DeMolay International Hall of Fame in 2010.

Leppert was elected to the Board of Directors of Washington Mutual (at the time, the largest savings and loan association in the United States) in 2005; as part of his election, he was also named to the Board of Directors' Governance and Audit committees. During Leppert's time on the Board of Directors, Washington Mutual collapsed — the largest bank failure in American financial history.

Leppert served as a White House Fellow in the Reagan Administration in 1984 and 1985. He was one of 13 fellows chosen from 1,247 applicants by President Ronald Reagan in 1984. During his fellowship, Leppert worked for the secretary of the Treasury and on the White House staff.

Leppert is a graduate of Claremont McKenna College, where he earned a Bachelor's Degree in economics with cum laude honors in 1977 and served as Student Body President. He then went on to attend Harvard Business School, where he received a M.B.A. with Distinction in 1979.

Thomas Chris Leppert (born June 15, 1954) is an American businessman and politician who is the former Chief Executive Officer of Kaplan, Inc., a subsidiary of Graham Holdings Company and one of the world's largest education providers. He had oversight of the company's operating divisions: Kaplan Test Prep and Kaplan Higher Education in the United States, and Kaplan International based in London, UK and with operations across Europe, Asia, and Australia until his resignation was announced in July 2015. Leppert served as the 59th mayor of Dallas, Texas from 2007 to 2011, and previously worked as CEO of the Turner Corporation. Leppert announced in February 2011 that he would run for the 2012 United States Senate election in Texas. His Senate campaign ended with a third-place finish in the May 29, 2012 Republican primary election.