Billionaire activist Bill Ackman has argued that President Biden is too old to seek re-election and should withdraw from the White House race.
Ackman told CNBC's “Squawkbox.” He doesn't think Biden should run for re-election.
“I mean, I've always been a centrist and I've always believed in supporting whoever is best for the country, whether it's a Republican, an independent, a Democrat,” Ackman said. “I think it’s very important that Mr. Biden step back.”
Ackman, who was being interviewed about his recent dispute with Harvard University, spoke for the first time when asked about the 2024 presidential election. Fox News reported.
“I think beyond his biggest issue, just in terms of age, a big reason for what's going on in the world geopolitically is that he's perceived as a weak president. And he's even weaker.” It will be.”
Ackman did not say whether he would vote for Donald Trump over Biden.
“If I had a choice, I would make that decision,” he said.
Ackman has recently been in the news for criticizing former Harvard University president Claudine Gay.
Gay was accused of plagiarism and resigned on January 2nd.
Mr. Ackman, CEO of Pershing Square Capital Management, holds both a bachelor's degree and an MBA from Harvard University and is a major donor to the institution.
