Presidential races

Buffett: I’m going to vote for Hillary

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Billionaire investor Warren Buffett is backing Democratic front-runner Hillary Clinton in the 2016 presidential election.

{mosads}“I think that she is the most likely person to be president of the United States, elected in 2016, and I’m going to vote for her,” Buffett tells the Fox Business Network in an interview that will air Monday evening.

This isn’t the first time Buffett has voiced support for the former secretary of State. In October, he said, “Hillary is going to win,” at a conference organized by Fortune magazine.

Buffett has also donated tens of thousands of dollars to Ready for Hillary, a super-PAC backing Clinton.

Buffett has also been a big supporter of President Obama in the fight to address income inequality around the country, lending his name to a push to raise taxes on the wealthy.

The Obama administration and congressional Democrats are pushing to raise the federal minimum wage to $12 an hour. Though he didn’t offer a specific number, Buffett voiced support for raising the minimum wage in the same interview.

“I don’t have any great objection to moving it,” he tells Fox. “Certainly, I think the minimum wage is too little to live on for most families.”

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