2023-11-29 17:12:00
If US President Biden seeks a second term, he risks tarnishing his political reputation, billionaire Bill Ackman said. He revealed that he is interested in Congressman Phillips, who has announced his name in the race for the Democratic presidential nomination.
Ackman, 57, who founded the U.S. investment firm Pershing Square Capital Management, told Bloomberg Television, “I think Mr. Biden has done a lot of great things, but as a candidate (in next year’s presidential election) If that happens, the historical evaluation will not be good.” “I think the right thing for Mr. Biden to do is to stand back and say he’s not running and create an opportunity for competition,” he continued.
Video: Ackman speaks to Bloomberg Television about the 2024 US presidential election
Mr. Ackman said he recently met Mr. Phillips, 54, and was “impressed.” Phillips, a congressman from the battleground state of Minnesota, announced his candidacy for the presidential nomination last month, arguing that now is the time for a new generation of leaders.
To be president of the United States, Ackman said, “You have to be at the top of your intellect. I don’t think Mr. Biden is that way.” He added, “I’m not saying this to make fun of Mr. Biden. “I think it’s clear that Mr. Biden is past his peak both physically and mentally.”
Polls show voters have serious doubts that Biden is physically capable of serving as president for another four years. He celebrated his 81st birthday this month, making him the oldest US president in history.
Mr. Ackman is interested in a variety of candidates across party lines, but Mr. Biden needs to make sure he overcomes age concerns shared by more traditional Democratic big donors. The support and financial backing of these donors will be essential to his re-election.
Mr. Ackman has also continued to donate to the Democratic Party. However, he says he is “much more open to a Republican candidate” than Biden’s re-election, and supports former US Ambassador to the United Nations Nikki Haley and former New Jersey Governor Chris Christie, who are running against former President Trump for the Republican nomination. revealed.
He also donated to businessman Vivek Ramaswamy, but said his policies were disappointing.
Mr. Ackman is known as an activist.Bloomberg Billionaires IndexAccording to , his assets are worth approximately $2.3 billion (approximately 340 billion yen).
news-rsf-original-reference paywall">Original title:Ackman Says Biden Past His ‘Peak’ and Should Drop 2024 Campaign(excerpt)
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