Former House Speaker Paul Ryan sits down with Yahoo Finance's Brian Sozzi and Akiko Fujita to discuss the economic agendas of 2024 presidential candidates Joe Biden and Donald Trump. "I think they're both bad for the economy," he tells Yahoo Finance.

Regarding Trump, Ryan stresses that the former president lacks the "character" needed of the country's top leader. He adds that Trump's position on tariffs is "just bad economics" that will make American businesses less competitive.

On the other hand, the former speaker says that Biden's increased taxes on small and medium-size businesses are also bad economic policies. But if the former speaker had to choose between the two, he would prefer Trump's agenda, saying, "I believe he would be better on regulations and taxes."

Neither of the frontrunners will receive Ryan's vote on Election Day; instead, he says he plans to write in a Republican candidate.

Click here to watch Yahoo Finance's full interview with former House Speaker Paul Ryan.

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This post was written by Melanie Riehl