Romney slams 'demagogues' in commencement address

Mitt Romney ended his commencement speech at Trine University in Indiana Saturday by criticizing the state of the presidential race, saying demagogues on the right and left have helped create “tumultuous times.”

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“Demagogues on the right and left draw upon our darker angels, scapegoating immigrants and Muslims or bankers and business people,” said the 2012 Republican nominee, seemingly taking shots at presumptive GOP presidential nominee Donald TrumpDonald TrumpJan. 6 panel plans to subpoena Trump lawyer who advised on how to overturn election Texans chairman apologizes for 'China virus' remark Biden invokes Trump in bid to boost McAuliffe ahead of Election Day MORE and Democratic hopeful Bernie SandersBernie SandersOvernight On The Money — Senate Democrats lay out their tax plans Overnight Health Care — Presented by Altria — FDA advisers endorse Pfizer vaccine for kids Manchin: 'I think we'll get a framework' deal MORE.

It was the only reference to the presidential race the former Massachusetts governor made during his address, which mostly focused on his tips to living a happy life.

Romney has been a critical voice during the 2016 campaign cycle, repeatedly slamming Trump, whom he called a “phony” and a "fraud" in March.

Romney has been floated as a potential third-party candidate.