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US bosses have turned the page on Trump and are looking to Biden

2020-11-24T13:00:23.291Z


The business world in the United States has already turned the page on Trump, including loyalists of the billionaire, and is preparing to work with the future Biden administration. Read also: Donald Trump gives the green light to a transition of power The boss of General Motors Mary Barra perfectly illustrated this trend Monday, November 23 by renouncing to support the fight of the current tenan


The business world in the United States has already turned the page on Trump, including loyalists of the billionaire, and is preparing to work with the future Biden administration.

Read also: Donald Trump gives the green light to a transition of power

The boss of General Motors Mary Barra perfectly illustrated this trend Monday, November 23 by renouncing to support the fight of the current tenant of the White House against the automobile pollution standards decreed by California and by ensuring to be

"completely in agreement"

with the objectives of the future president in terms of electric vehicles.

Two months before Joe Biden's swearing-in, the business community is already pressing him to push Congress to adopt a new plan to support the economy, damaged by the Covid-19 pandemic.

"The next two months are essential in the management by our country of two intertwined crises: the control of the spread of Covid-19 and the reconstruction of the American economy"

, argues the federation of manufacturers of manufactured products.

"There is no time to waste or room for error,"

the organization added in a statement.

Read also: Donald Trump on a crusade against the verdict of the polls

The White House has so far refused to recognize the Democrat's victory, which delays a smooth handover, a tradition in the United States.

Several big bosses or professional federations, like the general manager of the company United Airlines Scott Kirby or the American Chamber of Commerce, congratulated Joe Biden on November 7, when he was declared the winner by the majority of the mainstream media.

Donald Trump, who regularly boasts about his friendships with the big bosses, especially with the most influential voices on Wall Street, has been let go by them, including the co-founder of the investment firm Blackstone, Steve Schwarzman.

This staunch supporter and unofficial adviser to the outgoing president said on Monday the time to acknowledge defeat had come.

“I supported President Trump and his solid economic policy,”

he said.

But

"like many in the business community, I am ready to help President-elect Biden and his team, who now face the challenge of rebuilding the economy after Covid,"

Schwarzman added.

Read also: Trump loses his legal battles but persists

The services of the Trump administration finally authorized Monday evening the team of his successor to receive classified information and to meet with the various officials of the ministries.

If the outgoing president assured that he would continue his judicial guerrilla warfare to invalidate the victory of Joe Biden in certain States, the boss of the bank JPMorgan Chase, him, called for a

"peaceful transition"

.

"Whether you like the election result or not, you have to support democracy because it is based on a system of faith and trust,"

Jamie Dimon said at a conference hosted by The

New York Times

last week.

Some organizations representing sectors shaken up by the pandemic are pleading for the future team in power to cooperate with Congress, where discussions on a new stimulus plan have stalled for several months.

Given the urgency of the situation and the jobs at stake, we must continue to work with both camps to obtain new aid by the end of the year, notes Tori Emerson Barnes, in charge of public affairs for the federation. American tourism.

"But we're trying to make Biden's team understand that having a support plan already in place when he arrives would be beneficial to him,"

she said.

"We need in the Biden administration a spirit of collaboration with two parties to ensure that the sectors hardest hit by Covid-19 receive economic support,"

also tweeted on Saturday the American Hotel Association and lodgings.

Read also: Joe Biden to appoint former Fed President Janet Yellen to the Treasury

Other bosses are already advancing their pawns on specific issues, such as Intel CEO Bob Swan, who sent a letter to the president-elect on Monday.

Beyond the immediate challenges posed by Covid-19 or racial issues, the future administration must focus on issues such as investment in new technologies, digital infrastructure and science education, he writes.

The head of the American Chamber of Commerce Tom Donohue for his part called for the transition not to be further delayed.

"President-elect Biden and the team around him have a wealth of executive experience which should get them up and running quickly,

" he said.


Source: lefigaro

All business articles on 2020-11-24

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