Bernie Sanders labels billionaires who support Donald Trump in 2024 race as 'greedy', says this is 'oligrachy'

Bernie Sanders condemned the wealthy individuals supporting Donald Trump, accusing them of prioritizing their own interests over democracy
Bernie Sanders criticizes billionaires who financially support Donald Trump in his presidential race (Getty Images)
Bernie Sanders criticizes billionaires who financially support Donald Trump in his presidential race (Getty Images)

WASHINGTON, DC: Bernie Sanders has sharply criticized billionaires backing Donald Trump in the 2024 presidential race, labeling them as "greedy."

Speaking to MSNBC’s Chris Hayes, Sanders condemned the wealthy individuals supporting Trump, accusing them of prioritizing their own interests over democracy, according to The Hill.

BURLINGTON, VT - MARCH 11:  Democratic presidential candidate Sen. Bernie Sanders (I-VT) delivers a
Senator Bernie Sanders calls out 'greedy' billionaires who support Donald Trump in his presidential race (Getty Images)

Bernie Sanders says billionaires gave up democracy to support Donald Trump

In the interview, Sanders, who chairs the Senate Committee on Health, Education, Labor and Pensions, said, “At a time when we have so much greed out there, when the religion of the billionaire class is greed, they would rather give up democracy can take a hit."

“These guys are so greedy. So wedded to their wealth and their power that they will do anything, anything, to keep that position,” Sanders told Hayes on Friday, June 21.

“Trump is an outrageous example of selling out for money," he added.

Highlighting specific areas where billionaires have exerted significant influence, Sanders mentioned health care and climate change.

Arguing “This guy, Trump, wants to deregulate the fossil fuel industry even more and destroy the planet,” Sanders asked, “Why?”

He answered that it is because the billionaires aim to control the narrative by spending “huge amounts of money."

Bernie Sanders says oligarchy is an issue we have to deal with

When asked about the influence of money in politics, particularly post-Citizens United, a decision by the Supreme Court in 2010 that allowed unlimited independent spending in federal elections without the financial backing of billionaires is extremely difficult.

“If you will have the guts to take on neocon foreign policy [or] you want to take on the corporate interests that are so powerful, tell you what’s going to happen, you’re going to lose,” said Sanders.

“And that message goes all over Congress: You stand up for working class people, hey, your days are numbered," he continued.

“This is oligarchy. And it’s an issue that we have got to focus on and deal with,” added the senator.

ANAMOSA, IA - JANUARY 03: Democratic presidential candidate Sen. Bernie Sanders (I-VT) speaks at tow
Senator Bernie Sanders says billionaires gave up democracy to support Donald Trump (Donald Trump)

Bernie Sanders contrasted Joe Biden's pro-union stance

Sanders contrasted Trump's billionaire-backed agenda with President Joe Biden's efforts to support working-class interests. 

He cited the president's self-identification as the most "pro-union" president, referencing his participation in the United Autoworkers Strike in 2023 and the efforts of Federal Trade Commission Chair Lina Khan to combat monopolies.

Sanders' criticism of billionaires financially supporting the former president followed reports that a Trump super PAC, MAGA Inc, received $50 million from businessman Timothy Mellon after Trump's conviction in the hush money case in May, reported NBC News.

Additionally, the contribution coincided with the 77-year-old politician's recent shift to cryptocurrency, despite his earlier aversion to it.

GET BREAKING U.S. NEWS & POLITICAL UPDATES
STRAIGHT TO YOUR INBOX.

MORE STORIES

Although Trump has historically favored mail-in or Election Day voting, he is voting in person during Florida’s early voting period
2026-10-23T20:23:04.000Z
Judge Bennett disagreed with the decision, saying the appeals court should not have ruled on the case at this stage. The Trump administration wanted to withdraw its appeal and return to the lower court to discuss how the Supreme Court’s ruling would affect the case
2026-10-23T19:03:58.000Z
The lawsuit stems from the presence of a third Senate candidate, Daniel J. Sullivan, whose name closely resembles that of incumbent Sen. Dan Sullivan
2026-10-23T18:08:34.000Z
The charges are part of a probe into whether FBI officials sought to minimise allegations of corruption involving the Biden family and evidence linked to Hunter Biden’s laptop
2026-10-23T17:00:17.000Z
No official truce was declared as the US maintained its naval blockade of Iran and Tehran continued restricting access through the Strait of Hormuz
2026-10-23T15:44:52.000Z
Donald Trump’s 2026 midterm election stakes rise as competitive Senate races in Kansas, Texas, Ohio, Maine and Alaska threaten GOP control
2026-10-23T08:01:20.000Z
A spokesperson said that the allegations were 'completely false' and reaffirmed that Ilhan Omar is her real name
2026-10-23T04:04:58.000Z
Only Justice Ketanji Brown Jackson dissented, arguing that the lower court’s order sought to address alleged misinformation about election rules rather than change the state law
2026-10-23T03:09:16.000Z
Ohio Governor Mike DeWine urged Vivek Ramaswamy to pull the Amy Acton ad, calling it 'deeply, deeply troubling' and wrong to run
2026-10-23T02:28:06.000Z
As per Pentagon officials, it gives a similar 'tingling sensation' as the blast of heat when opening an oven, resulting in a 10-15 minute itching and burning sensation
2026-10-22T20:33:58.000Z