Billionaire Bill Ackman backs Dean Phillips to challenge Joe Biden
Sunday, 14 January 2024 Billionaire Bill Ackman contributes $1 million to support Minnesota Representative Dean Phillips, a long-shot challenger to President Joe Biden in the 2024 Democratic presidential nomination. Ackman believes Phillips has a credible path to winning the nomination and emphasizes the importance of asymmetry in his investments. Ackmanβs support of Phillips, 54, amplifies some of the worst fears of the Biden campaign: Donors and voters are unenthusiastic about reelecting the 81-year-old president. Ackman, who has donated to both Republicans and Democrats in recent years, is giving the money to a political action committee that supports Phillips.
Biden Admin Seeks , to Reduce Bank Overdraft Fees , With New Proposal.
CNBC reports that the Consumer Financial Protection
Bureau (CFPB) has unveiled long-awaited updates to how
major banks structure their overdraft protection plans. .
CNBC reports that the Consumer Financial Protection
Bureau...
Biden Marks Anniversary of , Toxic Train Derailment , With Visit to East Palestine, Ohio.
'The Independent' reports that President Joe Biden
will visit East Palestine, Ohio, one year after a..
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