Warren Buffett, Reluctant PAC Man, Is Ready for Hillary
Former U.S. Secretary of State Hillary Clinton delivers remarks during the Legal Services Corporation's 40th anniversary conference at the Omni Shoreham Hotel Septemeber 15, 2014 in Washington, DC. In 1978, Clinton served as the first female chair of the Legal Services Corporation, which was established by the Congress in 1974 'to provide equal access to justice and to ensure the delivery of high-quality civil legal assistance to low-income Americans.'
Photo by Chip Somodevilla/Getty ImagesWarren Buffett has said he's willing to “put money” on Hillary Clinton winning the 2016 presidential race. Turns out, he really meant it.
The Oracle of Omaha gave the maximum donation allowed to Ready for Hillary last quarter, his first-ever check to the sort of independent political groups that he's scorned in the past. Buffett, who is the third richest man in the world, gave $25,000, the most any individual can donate under the committee's self-imposed cap, according to a person familiar with Ready for Hillary's post-election financial disclosure report. The group has raised more than $11 million to finance its efforts to lay the groundwork for a Clinton presidential campaign. Their latest report is due to be filed with the Federal Election Commission by midnight Thursday.