Billionaire GOP donor: Trump is 'a threat to democracy'
© Getty Images

Billionaire hedge fund manager Seth Klarman reportedly ripped President TrumpDonald John TrumpThorny part of obstruction of justice is proving intent, that's a job for Congress Obama condemns attacks in Sri Lanka as 'an attack on humanity' Schiff rips Conway's 'display of alternative facts' on Russian election interference MORE at an investment conference last week, calling Trump “a threat to democracy.”

Klarman, the CEO of Baupost Group and a frequent donor to Republican political campaigns, made the remarks at the Robin Hood Investment Conference last week, according to New York Magazine. The magazine obtained an audio recording of Klarman’s comments blasting Trump.

ADVERTISEMENT

“The president is a threat to democracy. He has attacked journalists and he’s threatening to take away NBC’s license,” Klarman said, according to the magazine. “He’s attacking judges. He’s violating all sorts of democratic norms, from the emoluments clause to questioning the election and threatening to lock up his opponent.”

“The country is getting divided, whether it’s immigrants, whether it’s transgender people, whether it’s blacks, whether it’s Mexicans,” he continued. “It’s awful.”

Klarman has previously been a critic of Trump. In August 2016, Klarman said Trump was “completely unqualified” to be president and pledged to help then-Democratic presidential nominee Hillary ClintonHillary Diane Rodham ClintonThorny part of obstruction of justice is proving intent, that's a job for Congress Nadler: I don't understand why Mueller didn't charge Donald Trump Jr., others in Trump Tower meeting Kellyanne Conway: Mueller didn't need to use the word 'exoneration' in report MORE get elected.

"His words and actions over the last several days are so shockingly unacceptable in our diverse and democratic society that it is simply unthinkable that Donald Trump could become our president," Klarman said at the time.

Klarman is registered as an independent but has largely given to Republicans in the past, according to Reuters. He has donated to political action committees this election cycle that backed the GOP candidates Jeb Bush, New Jersey Gov. Chris Christie and Florida Sen. Marco RubioMarco Antonio RubioSenate Republicans tested on Trump support after Mueller Cuban negotiator says Trump's efforts to destabilize Cuba's government will fail Freedom to Compete Act would benefit many American workers MORE.

He has also given some donations to Democratic campaigns, including to Sens. Cory BookerCory Anthony BookerCory Booker has a problem in 2020: Kamala Harris Booker to supporter who wanted him to punch Trump: 'Black guys like us, we don't get away with that' 2020 Dems ratchet up anti-corporate talk in bid to woo unions MORE (N.J.) and Mark WarnerMark Robert WarnerDems reject Barr's offer to view Mueller report with fewer redactions GOP senators divided on Trump trade pushback Hillicon Valley: Trump unveils initiatives to boost 5G | What to know about the Assange case | Pelosi warns tech of 'new era' in regulation | Dem eyes online hate speech bill MORE (Va.). In June 2016, he gave $5,400 to Clinton's presidential campaign, according to the Boston Globe.