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. The strike has been ongoing since October when workers refused to work after the company raised the cost of the workers’ monthly healthcare premium from $275 to approximately $1000. The strike is organized in collaboration with the United Steelworkers Local 40 Union, which represents many of the workers employed at the …
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