Billionaire investor Bill Ackman announced a substantial donation to a political action committee on Sunday supporting Rep. Dean Phillips (D-Minn.), a Democratic candidate challenging President Joe Biden. What Happened: Ackman, on Thursday, took to X (formerly Twitter) to reveal his plan to donate $1 million to the We Deserve Better PAC, which is backing Phillips’ presidential campaign. Despite Phillips’ low standing in the polls, Ackman expressed confidence in his potential as a presidential candidate and his chances in the primary. “On Tuesday, I am wiring $1 million to wedeserve.org, a poli…
