* Ken Griffin says he has no interest in running for office. From a hedge fund newsletter…
The Citadel Investment Group founder has played an outsized role in this year’s gubernatorial campaign in Illinois, donating more than $3.5 million to Republican challenger Bruce Rauner. The contributions include the state’s single-largest ever, a $2.5 million check cut last month. But Griffin said he expects that giving—and giving generously—is as far as he’ll go in politics.
Griffin told CNBC at last week’s Delivering Alpha conference in New York that the “can’t see” a run for office in his future. Pressed by CNBC’s Kate Kelly, he wouldn’t rule it out, but did not sound enthusiastic, either.
“Never say never, but I can’t see it in my future,” he said.
Griffin said he’s digging deep because Illinois under Gov. Pat Quinn is in trouble.
“Americans talk about the need for change in Washington. I can tell you the need for change in Springfield is far greater than the need for change in Washington. I know it’s hard to believe.”
“So Illinois has historically been a great state to do business in. Unfortunately over the last 20 years, we’ve moved from being at the top of the list of places to do business to, frankly, the bottom of the list,” Griffin said when asked about the Rauner contribution. […]
“The difference between Republicans and Democrats on most issues is actually pretty small,” he said. “We make a big deal about very modest differences as a country, and yet the extremes on both sides have a disproportionate … voice in Washington, and that undermines the ability for us to move our country forward.”
Griffin is putting his money behind his words by contributing to national campaigns. Large political contributions made in 2014 include $32,000 to the National Republican Senatorial Committee, $100,000 to USA Super PAC, $150,000 to America Rising PAC and $250,000 to American Crossroads, among other political action committee donations, according to filings with the Federal Election Commission.