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Wilbur Ross, the famed billionaire distressed asset investor publicly announced his support for presumed Republican presidential nominee Donald Trump on CNBC.
According to Ross, the U.S. government needs to undergo an overhaul and requires a "more radical" and "new approach to government." He added that the middle and lower class segments of America "has not really benefited" over the past 10 to 15 years and are now "tired" of the same political system and screaming for "something different."
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Ross continued that the middle and lower class group is becoming "sick and tired" of political correctness and Trump's demeanor represents an answer to their calls.
"You only get to vote for who's on the ballot paper and your choices are between Hillary Clinton and Donald Trump, and I find that an easy choice to make," he said.
However, Ross did acknowledge that Trump's campaign promises aren't all perfect. He pointed out that Trump's comments that he can eliminate $19 trillion of America's debt in just two terms "probably doesn't work" to be true.
"If you add up all the promises any politicians makes [sic.
Ross also sits on a list of "presidential trustees" that oversee a joint fundraising committee between the Trump campaign and the Republican National Committee.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.