• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock

2

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

3

Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'

1

Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock

2

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

3

Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'
PoliticsWarren Buffett

Warren Buffett backs away from politics—even as Omaha could decide the election

By
Greg McKenna
Greg McKenna
News Fellow
Down Arrow Button Icon
By
Greg McKenna
Greg McKenna
News Fellow
Down Arrow Button Icon
September 11, 2024, 4:31 PM ET
Hillary Clinton, dressed in a green jacket, claps as Warren Buffett, dressed in a black suit, white shirt and red tie, walks behind.
Warren Buffett has supported several liberal causes and endorsed Hillary Clinton’s run for president in 2016. Daniel Acker—Bloomberg/Getty Images
Add Fortune on Google for similar content.

Warren Buffett has yet to weigh in on the 2024 campaign, even as an electoral battle rages in the Oracle of Omaha’s backyard that could put either Kamala Harris or Donald Trump over the top. Buffett’s silence is unusual, though, since he has been a vocal supporter of Democrats in previous contests—and so, too, is the set of circumstances that have made Omaha the potential deciding factor in choosing the next U.S. president.

Recommended Video

While Omaha is located in Nebraska, a deeply red state that is not considered a battleground in the same way as Pennsylvania or Georgia, one pocket of it is very much in play. That’s because of a political quirk that means the Cornhusker State does not follow the vast majority of other states (Maine is the only other exception) in awarding all of its electoral college votes with a winner-take-all approach.

Instead, since 1992, two of Nebraska’s five electoral votes have gone to the winner of the popular vote, with an additional vote assigned to the winner in each of the state’s three congressional districts.

While the first and third districts lean heavily Republican, the state’s second district—which consists of Omaha and its surroundings—is up for grabs. The district voted for Joe Biden in 2020 and Barack Obama in 2008, which didn’t gain much attention when both Democratic candidates won the electoral college handily.

This year, however, there’s a plausible scenario in which the single electoral vote tips the balance. If Harris carries the three “blue wall” states of Pennsylvania, Michigan, and Wisconsin but loses to Trump in North Carolina, Georgia, Arizona, Nevada, and a Republican-leaning Maine district, the race could be tied 269-269 and head to the House of Representatives. That’s unless Harris wins Nebraska’s second district, which would get her to the magical number of 270.

That permutation hasn’t been lost on either party. Trump allies have tried to change Nebraska law to implement winner-take-all rules. Democratic voters in the area, meanwhile, are putting up signs that simply feature blue dots to underline how a single electoral vote could be the difference.

Amazing day in the #BlueDot with @MalloryMcMorrow, @BillNye, @CavanaughforNe, @TonyVargas and of course @NebDouglasDems Karin Wagnnor and @TheCD2Elector let’s get this done Omaha!!!! pic.twitter.com/lVHc6nhoNw

— Senator Machaela Cavanaugh (@senatormachaela) September 8, 2024

So far, though, Omaha’s most famous resident has yet to weigh in on the 2024 election, despite becoming involved in previous contests.

The Oracle goes silent

The 94-year-old Buffett’s silence this election season is a relatively new development for a business leader with a history of backing Democrats.

The son of a four-term Republican congressman, Buffett began to support liberal causes dating back to the civil rights movement. He’s donated millions in support of abortion rights and has helped raise money for Barack Obama and Hillary Clinton, appearing onstage with the latter multiple times during her 2016 presidential campaign.

In 2011, the Berkshire Hathaway chairman famously wrote a New York Times op-ed titled “Stop Coddling the Superrich.” He lambasted America’s tax code for making his secretary pay more on a percentage basis than ultrawealthy individuals, like himself, whose fortune is largely tied up in stock.

Buffett has opposed other progressive movements, however. In 2015, he wrote in the Wall Street Journal that ideas like expanding the Earned Income Tax Credit were better solutions to income inequality than raising the federal minimum wage. Last year, his annual letter to shareholders appeared to take aim at President Joe Biden and other Democratic lawmakers for attacking share buybacks, warning investors that a complete opponent of such repurchases was either an “economic illiterate or a silver-tongued demagogue.”

“I’m a Democrat, but I’m not a card-carrying Democrat,” Buffett told CNBC in 2020, saying he had sometimes voted for Republicans.  

According to Federal Election Commission data, Buffett last made a political donation in November 2019, when he gave $106,500 to the Democratic Congressional Campaign Committee. He also contributed $2,800 to Arizona Democrat Mark Kelly’s successful Senate campaign that year.

This time around, however, don’t expect Buffett to shell out cash for Harris—or put a “blue dot” in his front yard.

Subscribe to Fortune Gulf Brief. Every Tuesday, this new newsletter delivers clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it. Sign up here.
About the Author
By Greg McKennaNews Fellow
LinkedIn icon

Greg McKenna is a news fellow at Fortune.

See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Politics

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Politics

Google DeepMind CEO Demis Hassabis (left) stands on a spiral staircase next to Google DeepMind researcher John Jumper.
NewslettersEye on AI
Defections from Google DeepMind prompt questions about Alphabet’s efforts to stay at the forefront of AI
By Jeremy KahnJune 23, 2026
7 hours ago
k
PoliticsElections
Coming to an election near you: prediction markets
By Matt Motta, Robert Ralston and The ConversationJune 23, 2026
8 hours ago
Doctor giving patient injection in volunteer clinic
HealthHealth
For the first time ever, no young women in England died of cervical cancer. In the U.S., RFK Jr.’s vaccine skepticism stalls HPV progress
By Catherina GioinoJune 23, 2026
9 hours ago
ks
PoliticsUnited Kingdom
10 years of Brexit means 7 Prime Ministers and a broken British politics
By Jill Lawless and The Associated PressJune 23, 2026
11 hours ago
burnham
PoliticsUnited Kingdom
Britain poised for ‘Manchesterism’ under presumptive next Prime Minister Andy Burnham
By Jill Lawless and The Associated PressJune 23, 2026
11 hours ago
Polymarket CEO Shayne Coplan
CryptoCryptocurrency
Polymarket allegedly faked trades. Chances are slim Trump admin investigates, says sports-betting attorney
By Camila Grigera NaónJune 23, 2026
11 hours ago

Most Popular

Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
Banking
Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
By Jim EdwardsJune 23, 2026
16 hours ago
After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
Success
After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
By Orianna Rosa RoyleJune 23, 2026
13 hours ago
Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'
Success
Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'
By Sydney LakeJune 21, 2026
3 days ago
Current price of oil as of June 22, 2026
Personal Finance
Current price of oil as of June 22, 2026
By Joseph HostetlerJune 22, 2026
2 days ago
Meet the 2 men putting New York's $300 billion pension fund in play for the first time in 20 years
Investing
Meet the 2 men putting New York's $300 billion pension fund in play for the first time in 20 years
By Nick LichtenbergJune 22, 2026
1 day ago
By 7 a.m., Bank of America’s CEO has already read 5 newspapers, his email inbox, and hit the gym—he says if you’re late to meetings, you’re ‘selfish’
Success
By 7 a.m., Bank of America’s CEO has already read 5 newspapers, his email inbox, and hit the gym—he says if you’re late to meetings, you’re ‘selfish’
By Preston ForeJune 22, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.