Buffett would 'bet money' on Clinton becoming president
[WASHINGTON] Billionaire investor Warren Buffett said on Tuesday he would bet money on Hillary Clinton becoming the next president of the United States.
"Hillary is going to run," Mr Buffett said at Fortune magazine's Most Powerful Women Summit in California.
"Hillary is going to win," he added. "I will bet money on it, I don't do that easily." Mrs Clinton, who turns 67 on October 26, is widely expected to announce her candidacy for the 2016 presidential elections at the start of next year.
"She's going to announce it as late as possible," Mr Buffett said.
He didn't have any particular predictions about who would win the Republican nomination.
Mr Buffett, who heads the Berkshire Hathaway company, is a staunch ally of President Barack Obama.
During his 2012 campaign, Mr Obama urged Congress to adopt the "Buffett Rule," which would require a tax rate of at least 30 per cent for incomes over US$1 million. - AFP
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
WHO warns of bird flu risk spreading to cows outside US
Sri Lanka’s key inflation rate rises to 1.5% in April
Eurozone economy rebounds in first quarter, inflation stable in April
The Fed’s quantitative easing programme has cost too much
German economy skirts recession, helped by construction and exports
Taiwan economy grows at fastest pace since 2021 on chip boom