“The presidential election may come down to a city in the Midwestern prairie that is home to Warren Buffett — a prospect that is raising hopes among some Democrats that the once-prolific political donor will come off the sidelines to try to power President Joe Biden to reelection,” Bloomberg reports.
“Back in 2016, the Berkshire Hathaway Inc. chairman wrote checks for Democrat Hillary Clinton’s White House bid, appearing onstage with her at a rally and scoffing at her rival, Donald Trump. For decades before that, he had sprinkled money on moderate Democrats in US Senate races all over the country. As recently as 2019, he lavished a six-figure check on the party’s committee that supports House candidates.”
“But since then, his money spigot has remained closed to federal political candidates up and down the ballot as he aimed to spare his companies and employees from any potential backlash. And that choice has become more conspicuous as his hometown of Omaha, Nebraska, has been thrust into the unusual position of potentially deciding this year’s presidential race.”
Save to Favorites