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Billionaire Clinton Backer Buffett Under Fire From Clinton Endorsers

- January 17, 2016

A Group Of House Democrats Called For An Investigation Into Warren Buffett's Berkshire Hathaway Companies Discriminatory Lending Practices

A Group Of House Democrats Are Calling For A Federal Investigation Into Discriminatory Lending By Several Warren Buffett's Berkshire Hathaway Companies . "A group of Democratic lawmakers is calling for a multi-agency federal investigation into allegedly discriminatory lending practices by several companies under Warren Buffett's business umbrella." (Sylvan Lane, "House Dems Call Federal Probe Into Buffett Companies," The Hill, 1/13/16)

Clinton Has Called Buffett Her "Favorite Billionaire"

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Clinton Referred To Buffett As Her "Favorite Billionaire" While At A Campaign Event In Iowa. CLINTON: "Right before Christmas, I was over in Omaha with Warren Buffett, who endorsed me, one of the things I like about him, he's my favorite billionaire, because he says tax me more!" (Hillary Clinton, Town Hall Event, Sioux City, IA, 1/5/16)

The Lawmakers Called For An Investigation Into Predatory Lending Practices To Low-Income And Minority Communities

Representatives Waters (D-CA), Ellison (D-MN), Cleaver (D-MO), And Capuano (D-MA) Asked The Consumer Financial Protection Bureau To Investigate Clayton Homes, Vanderbilt Mortgage And 21st Mortgage, All Subsidiaries Of Buffet's Berkshire Hathaway. "Democratic Reps. Maxine Waters (Calif)., Keith Ellison (Minn.), Emanuel Cleaver (Mo.) and Michael Capuano (Mass.) announced Wednesday that they asked the Department of Justice and Consumer Financial Protection Bureau (CFPB) to investigate Clayton Homes, Vanderbilt Mortgage and 21st Mortgage, subsidiaries of Buffett's Berkshire Hathaway holding company." (Sylvan Lane, "House Dems Call Federal Probe Into Buffett Companies," The Hill, 1/13/16)

  • These Four Lawmakers, All Members Of The House Financial Services Committee, To Crack Down On The Pattern Of Predatory And Discriminatory Financing Targeted At Low-Income And Minority Communities By The Buffett-Controlled Companies. "The four lawmakers, all House Financial Services Committee members, asked the Justice Department and CFPB in a Jan. 7 letter made public on Wednesday to crack down on a pattern of allegedly predatory and and discriminatory financing of manufactured homes targeting low-income and minority communities by the Buffett-controlled companies." (Sylvan Lane, "House Dems Call Federal Probe Into Buffett Companies," The Hill, 1/13/16)

Three Of The Congressional Members Have Backed Clinton's Presidential Campaign

Congressman Emanuel Cleaver (D-MO) Stated He Would Be "Involved Heavily" With The Clinton Presidential Campaign. "'Involved heavily.' Missouri Congressman Emanuel Cleaver, a Kansas City Democrat, describing his plans for working on Hillary Clinton's 2016 presidential campaign." (Steve Kraske, "TheChat: Emanuel Cleaver Ready To Hop On Board Hillary 2016" The Kansas City Star, 4/29/15)

Congressman Michael Capuano (D-MA) Is Listed On Clinton's "Massachusetts Leadership Council," For Her 2016 Presidential Campaign. (MAForHillary, "Hillary For America Announces Massachusetts Leadership Council," Medium, 12/12/15)

Congresswoman Maxine Waters (D-CA) Attended A Clinton Fundraiser In August 2015, To Help Her Raise Money For Her 2016 Presidential Campaign. "Hillary Clinton made her third swing through Los Angeles since announcing her presidential bid, to raise money at the Brentwood home of Scooter Braun, manager to Justin Bieber and Ariana Grande, and his wife Yael Cohen…Also there was Los Angeles District Attorney Jackie Lacey, Rep. Tony Cardenas (D-Calif.) and Rep. Maxine Waters (D-Calif.)." (Ted Johnson, "Kim Kardashian, Kanye West Attend Hillary Clinton Fundraiser In L.A.,"Variety Magazine , 8/6/15)


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