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Democratic megadonor George Soros told the New York Times that he believes Elizabeth Warren is the "most qualified" candidate for the presidency in 2020 — though he stopped short of an outright endorsement.
Why it matters: Soros has donated tens of millions of dollars to Democratic candidates over the last few election cycles and set up his own super PAC ahead of the 2020 presidential election.
- His bankrolling of progressive causes has made him a favorite target for conservative pundits.
"There are more Main Streets in America than there are Wall Streets. So I don’t think that Wall Street, other than being a source of money, will have its way in choosing the president."
Worth noting: Despite the fact that many in finance are worried about Warren's progressive stance, Soros — a billionaire financier — said that he supports increasing taxes on the wealthy and reiterated his support for a wealth tax, which is one of Warren's key policy promises.
Go deeper: Why George Soros is a favorite target of the right