Billionaire Bill Ackman, a Democrat for years, may support Trump over Biden, says report
Billionaire hedge fund manager Bill Ackman considers endorsing Donald Trump over Joe Biden in the upcoming election. Ackman, a past Democratic supporter, is expected to announce his backing of Trump soon. Sources close to him reveal a strong preference for Trump over Biden. The decision follows a controversial trial against Trump, deemed politically motivated by legal experts. Your summary is concise and captures the key points regarding Bill Ackman’s potential endorsement of Donald Trump over Joe Biden, highlighting his shift from being a Democratic supporter and the influence of recent events on his decision.
Billionaire hedge fund manager Bill Ackman is reportedly leaning toward backing former President Donald Trump over President Joe Biden in the upcoming presidential election.
The Financial Times reported that Ackman — who has given heavily to Democrats in the past — is likely to make his endorsement of Trump on X in the near future.
Those close to Ackman told the publication that his “dislike for Biden far outweighed his ambivalence for Trump.”
Ackman, 58, signaled his support for Trump following the guilty verdict that the jury returned on Thursday in the Manhattan District Attorney’s Office’s highly controversial criminal case against Trump, which top legal experts have said was purely political persecution.
He commented on Florida Governor Ron DeSantis’ reaction to the verdict in the case, writing: “I think any objective person would have to agree with @GovRonDeSantis here.”
“Today’s verdict represents the culmination of a legal process that has been bent to the political will of the actors involved: a leftist prosecutor, a partisan judge and a jury reflective of one of the most liberal enclaves in America—all in an effort to ‘get’ Donald Trump,” said Florida Governor Ron DeSantis, who was Trump’s top challenger during the Republican Party primaries earlier this year.
“That this case—involving alleged misdemeanor business records violations from nearly a decade ago—was even brought is a testament to the political debasement of the justice system in places like New York City,” he continued. “This is especially true considering this same district attorney routinely excuses criminal conduct in a way that has endangered law-abiding citizens in his jurisdiction.”
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“It is often said that no one is above the law, but it is also true that no one is below the law. If the defendant were not Donald Trump, this case would never have been brought, the judge would have never issued similar rulings, and the jury would have never returned a guilty verdict,” he concluded. “In America, the rule of law should be applied in a dispassionate, even-handed manner, not become captive to the political agenda of some kangaroo court.”
Related: Trump Regains Support From Key GOP Billionaire Megadonor
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