'If you look at who's giving money to Warren: wealthy people,' said Mark Mobius, founding partner of Mobius Capital Partners.
Prominent investor Mark Mobius says he doesn't think Elizabeth Warren's wealth tax "is going to be a big deal" because she's taken money from wealthy people for her campaign.
But Warren had pledged to run a "grassroots-funded campaign" by turning down contributions from federal lobbyists or political action committees. Warren, a front-runner in the Democratic presidential nomination race, has made reining in the excesses of the wealthiest Americans and largest U.S. businesses a centerpiece of her campaign.
Democratic presidential hopeful Massachusetts Senator Elizabeth Warren speaks during the fourth Democratic primary debate of the 2020 presidential campaign season co-hosted by The New York Times and CNN at Otterbein University in Westerville, Ohio on October 15, 2019.
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