Bill Ackman, the CEO of Pershing Square Capital Management, shifted his endorsement from previously calling for Trump’s resignation in January 2021 to supporting him after spending time together. Though Ackman didn't explain his reasoning, this shift signifies a notable change in his political alignment.
Roger Altman, co-founder of Evercore, expressed his support for Kamala Harris, emphasizing that the financial backing of each campaign wouldn't determine the outcome of the election. He noted, 'It won't be money that decides this race,' pointing to other influencing factors.
Marc Andreessen, a prominent venture capitalist, has indicated his financial support for Trump based on his tech policies, marking a significant stance considering his past support for Democratic candidates like Hillary Clinton. His shift reflects changing perspectives in Silicon Valley regarding political alliances.
Scott Bessent, CEO of Key Square Capital Management and advisor to Trump's campaign, remarked that this election is critical for U.S. economic strategy, stating, 'This election cycle is the last chance for the U.S. to grow our way out of this mountain of debt,' highlighting the urgency of addressing debt issues.
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