Bill Ackman Says New Laws Can't Be Passed With A Gun To Nation's Head As Hedge Fund Manager Slams Media For Misrepresenting Vivek Ramaswamy's Comments

Zinger Key Points
  • Vivek Ramaswamy is among the candidates hedge fund manager Bill Ackman has thrown his weight behind.
  • Sunday, he slammed "libelous" media for misrepresenting Ramaswamy's comments about 2020 election certification by ex-VP Mike Pence.

Republican Presidential candidate Vivek Ramaswamy's comments on NBC's “Meet The Press,” aired on Sunday, invited strong reactions from media outlets and political experts.

What Happened: Ramaswamy's comments on Mike Pence's certification of the 2020 elections were construed as suggesting the former would have preferred the ex-vice president to overturn the election.

Hedge fund manager Bill Ackman, who has backed Ramaswamy for the presidency in the past, found the media interpretation of the comments to be fallacious. The hedge fund manager said articles such as these cause people to lose total faith in the media.

“The headline says that @VivekGRamaswamy said that Pence should have overturned the election. In the actual video, Vivek says precisely the opposite,” he said.

Ramaswamy said if he were the vice president, he would have certified the election and used it as an opportunity to unite the country by proposing new legislation, Ackman noted. The new legislation would require single-day voting on election day, paper ballots, and government-issued IDs matching the voter file to increase the public's confidence in elections and reduce the risk of election fraud, the Republican candidate said, according to the hedge fund manager.

“Whether you agree with his approach or not, it is libelous media to mislead the public. The article should be immediately withdrawn,” Ackman said.

See Also: If You Invested $1000 In Vivek Ramaswamy-Founded Roivant When He Declared Presidential Bid, Here’s How Much You’d Have Now

Ackman's Stance: The Pershing Square founder said the Vice President could not hold the election certification hostage to the proposed reform of the voting system.

“The VP should first fulfill his constitutional duty to certify the election and then use that historic moment to advance new legislation,” he said.

“January 6th can be a catalyst for improving and modernizing our system to uphold election integrity, but we cannot hold up the funding of our country or the Vice President's constitutional obligation to certify an election in order to force through new legislation with a gun to our nation's head,” he added.

Image – wikimedia

Read Next: How To Invest In Hedge Funds

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!