Ackman Urges Biden Not to Run in 2024, Citing Age and Mental Fitness Concerns
• Billionaire hedge fund manager Bill Ackman believes Biden should drop out of the 2024 presidential race due to concerns over his age and mental acuity.
• Ackman thinks Biden "has done good things" as president but should "step aside" to allow new Democratic candidates to compete, such as Rep. Dean Phillips who Ackman is "impressed" by.
• Recent polls show Biden trailing behind former President Donald Trump, raising doubts over Biden's electability in 2024.
• Other Wall Street leaders like Jamie Dimon suggest Democrats should help Republicans like Nikki Haley, indicating a lack of confidence in Biden.
• Ackman said he would consider running for office himself if the public wanted him to do so, though he has donated to Democrats previously.