Carl Icahn endorses Trump for president

Investment mogul shares GOP frontrunner's take on taxes, immigration and interest rates
September 28, 2015 11:30AM

Billionaire investor Carl Icahn endorsed billionaire developer and reality TV star Donald Trump in the 2016 presidential election.

Trump has repeatedly flaunted Icahn’s support, including at the second Republican primary debate, but now the Icahn Enterprises head is making it official.

“I would say it’s an endorsement. I think at this moment in time, he’s the only candidate that speaks out about the country’s problems,” Icahn told Bloomberg. “I’m behind Trump. I disagree on certain points I don’t want to get into, I’m sure those can be worked out, but the basic thing is, you need somebody that can get things going in Congress, and I think he can do it. You need somebody that understands business, and I think he understands it.”

Trump has led the GOP primary field since July. He currently stands at 23.4 percent in the Real Clear Politics polling average, leading Dr. Ben Carson by just over seven points. The Real Deal evaluated his chances of winning the nomination in its September issue. [Bloomberg] Ariel Stulberg