Billionaire activist investor Nelson Peltz has announced his intention to support former President Donald Trump in the upcoming 2024 presidential race. Peltz cited concerns over President Joe Biden’s mental condition and immigration policies as key factors influencing his decision.
“It will probably be Trump and I’m not happy about that,” he told the Financial Times in an interview, adding that Biden’s “mental condition is really scary.”
Moreover, Mr. Peltz voiced his concern about the porous U.S. southern border, a contentious topic for both Republicans and Democrats during the election season.
“We can’t go on letting everyone into this country . . . We have an immigration problem—it’s not a Republican or Democrat problem,” he said.
Mr. Peltz expressed opposition to stopping immigration altogether but “I want some boundaries put on it so we know at least who we’re bringing in,” he said, according to the outlet.
Illegal immigration has been a thorn in the side of Democrats, with the Biden administration’s policies being criticized for the massive amounts of inflows across the southern border.
At a recent rally, former President Donald Trump stated that one of his top priorities, if reelected, would be to abolish every “open border policy of the Biden administration.”