Advertisement
UK markets closed
  • FTSE 100

    8,433.76
    +52.41 (+0.63%)
     
  • FTSE 250

    20,645.38
    +114.08 (+0.56%)
     
  • AIM

    789.87
    +6.17 (+0.79%)
     
  • GBP/EUR

    1.1622
    +0.0011 (+0.09%)
     
  • GBP/USD

    1.2525
    +0.0001 (+0.01%)
     
  • Bitcoin GBP

    48,614.72
    -1,588.61 (-3.16%)
     
  • CMC Crypto 200

    1,259.42
    -98.59 (-7.26%)
     
  • S&P 500

    5,222.68
    +8.60 (+0.16%)
     
  • DOW

    39,512.84
    +125.08 (+0.32%)
     
  • CRUDE OIL

    78.20
    -1.06 (-1.34%)
     
  • GOLD FUTURES

    2,366.90
    +26.60 (+1.14%)
     
  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     
  • HANG SENG

    18,963.68
    +425.87 (+2.30%)
     
  • DAX

    18,772.85
    +86.25 (+0.46%)
     
  • CAC 40

    8,219.14
    +31.49 (+0.38%)
     

Nancy Pelosi on Apple CEO's Republican support: 'Poor Tim'

U.S. House Minority Leader Nancy Pelosi (D-CA) speaks at a news conference with members of the House Democratic leadership following the House vote on the Omnibus bill on Capitol Hill in Washington, December 18, 2015. REUTERS/Yuri Gripas
U.S. House Minority Leader Nancy Pelosi (D-CA) speaks at a news conference with members of the House Democratic leadership following the House vote on the Omnibus bill on Capitol Hill in Washington, December 18, 2015. REUTERS/Yuri Gripas

(US House Minority Leader Nancy Pelosi.Thomson Reuters)

Apple CEO Tim Cook is expected to hold a fund-raiser on Tuesday in Menlo Park, California, for Republican House Speaker Paul Ryan and other House Republicans.

At least one powerful Democrat thinks that's a horrible decision.

House Minority Leader Nancy Pelosi — who represents San Francisco — essentially said in an interview with the San Francisco Chronicle that she thought that Cook was making a mistake.

"Poor Tim. What a nice guy he is, but somebody gave him bad advice," Pelosi said. "He probably doesn't think that much about politics."

The Democratic leader argued that when Cook and other Silicon Valley giants support the Republican party, they are tacitly supporting presumptive Republican nominee Donald Trump.

ADVERTISEMENT

"But when they say 'We don't like what Trump says, but we'll donate to his party,' they're either naive or they think we're naive," Pelosi said.

The news that Cook would host a Republican fund-raiser came shortly after reports that Apple would not provide financial support or computers for the Republican National Convention in Cleveland, Ohio, later this summer.

Cook doesn't often publicly comment on his political beliefs, but he has been an advocate for certain issues, including climate change and gay rights.

In 2015, Cook wrote an op-ed for The Washington Post arguing against Republican-supported "religious freedom" laws that could be used to discriminate against same-sex couples.

Cook and other Apple leaders were notably missing from a list of business leaders supporting Democratic presidential nominee Hillary Clinton released earlier this week.

NOW WATCH: The most annoying thing about the iPhone isn't changing any time soon



More From Business Insider