Billionaire hedge fund manager Bill Ackman is giving Rep. Dean Phillips a $1 million donation to boost the Minnesota Democratic congressman’s 2024 presidential primary bid against President Joe Biden.Â
Ackman, who has already made the maximum individual campaign donation of $3,300 to Phillips, said he plans on donating $1 million to We Deserve Better, a political action committee supporting Phillips, on Tuesday, according to a post the financier made over the weekend on X, formerly Twitter.
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