Biden touts Warren Buffett call during virtual fundraising event with donors
Buffett has not publicly announced his endorsement for the presidency this election cycle.
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Democratic presidential nominee Joe Biden told donors at a virtual fundraising event Wednesday that he had recently spoken with billionaire investor Warren Buffett about America’s leadership role in international politics.
“We have to refuse to postpone what America has to do, the work we have to do. There’s nothing beyond our capacity, for God’s sake,” Biden said during the call. “Just got off the phone with Warren Buffett and talking about how we have position unlike we were 50, 70, 80 years ago to lead the whole damn world in a way that no one else can. There’s no limit to America’s future.”
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Buffett has not publicly announced his endorsement for the presidency this year. He endorsed Hillary Clinton in 2016 and was a prominent supporter of former President Barack Obama.
Sources tell FOX Business’ Charlie Gasparino that Joe Biden met with Wall Street executives last week and says he won’t back away from raising taxes.
Biden did not share further details about the call. Buffett’s assistant did not return a request for comment on the conversation.
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Also on Wednesday, President Trump delivered a virtual speech at the Economic Club of New York. The president touted the U.S. economy’s ongoing comeback from the coronavirus pandemic, referring to it as the “fastest” economic recovery in the country’s history.
Trump repeated his frequent warning that a Biden victory in November would cripple the U.S. economy.
"We have created a record 11.4 million American jobs since May," Trump said. "If the left gains power, the recovery will be terminated and the economy will be destroyed. They have told us their exact plans."
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A Fox News poll published on Oct. 7 showed Biden ahead of Trump by a 53-43 percent margin among likely voters.
Buffett, 90, is the longtime CEO and chairman of Berkshire Hathaway. Known as the “Oracle of Omaha,” he has a personal net worth of $79.6 billion as of this week, according to Forbes.