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New York Democrat Omeed Malik has joined the Daily Caller as a minority investor and contributing editor, The Hill has confirmed.

The former Merrill Lynch hedge fund managing director cited an “imperative” need for “people with diverse backgrounds across the ideological spectrum” to “discuss ideas freely” and “avoid echo chambers” that result in “confirmation bias” in explaining his decision.

Malik, 41, currently co-hosts a weekly digital program with Daily Caller Senior White House Correspondent Christian Datoc called “Wall Street Meets Washington.”

He also had an appearance on the Showtime hit “Billions,” a fictional show that focuses on the hedge fund world.

“Given the high level of polarization in our country today, it is imperative that people with diverse backgrounds across the ideological spectrum come together to discuss ideas freely and avoid echo chambers that only lead to confirmation bias,” Malik said in the Monday afternoon statement provided to The Hill. “In that vein, I’m excited to join the Daily Caller to do just that and to assist in delivering passionate, authentic, and respectful news and commentary.”

Daily Caller Publisher and Editor Neil Patel said Malik being “a lifelong Democrat” and “a Muslim American son of immigrants” on the Daily Caller team will help provide “multi-dimensional perspectives.”