Warren Buffett Refuses to Intervene on Behalf of Striking Workers

Warren Buffett Refuses to Intervene on Behalf of Striking Workers
Warren Buffett, Chairman and CEO of Berkshire Hathaway, smiles as he plays bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Neb., on May 5, 2019. Nati Harnik/AP Photo
|Updated:
Warren Buffett has responded (pdf) to an open letter from Sen. Bernie Sanders (I-Vt.) requesting the billionaire’s support for striking steelworkers in the Special Metals in Huntington, West Virginia—a subsidiary of Precision Castparts, which is owned by Buffett’s own Berkshire Hathaway. However, the business magnate’s response is unlikely to satisfy Sanders, as Buffett has offered “no recommendation” one way or the other concerning the strike.

“I’m passing along your letter to the CEO of Precision Castparts but making no recommendation to him as to any action. He is responsible for his business,” said Buffett in his response to Sanders.