Billionaire investor Nelson Peltz has announced his intention to back former President Donald Trump over President Joe Biden in the 2024 general election rematch. Peltz, who previously supported Trump in the 2020 election but withdrew his support after the Capitol riot on January 6, 2021, cited Biden’s mishandling of the migrant crisis and the U.S.-Mexico border as the reasons for his decision.
Peltz expressed his concern about the immigration problem, stating, “We can’t go on letting everyone into this country. The US should not halt immigration, but I want some boundaries put on it so we know at least who we’re bringing in.” He emphasized that this issue is not specific to Republicans or Democrats, but rather a problem that needs to be addressed for the overall benefit of the country.
Furthermore, Peltz raised concerns about President Biden’s current “mental condition,” describing it as “really scary.” He questioned who is speaking for Biden and expressed his uncertainty about what the President knows and doesn’t know. These remarks highlight Peltz’s doubts about the current administration’s ability to effectively lead the country.
Despite previously regretting his support for Trump due to the Capitol riot, Peltz now states that he is returning to the Republican camp after witnessing Biden’s governance. He also criticized the criminal charges against Trump, referring to them as a “miscarriage of justice.”
Peltz’s decision to back Trump in the 2024 election reflects his dissatisfaction with President Biden’s handling of key issues and his concerns about the current state of the country. While Peltz has not yet decided whether he will financially support Trump in the upcoming contest, his endorsement adds another voice to the growing chorus of critics questioning the effectiveness and leadership of the current administration.
