How American Employers Turned From Trump to Biden / “The Result is Now Obvious” – International

Two months before Joe Biden was sworn in, business circles are already lobbying him to push Congress to adopt a new plan to support the economy, which has been hit hard by the coronavirus pandemic.

“The next two months are fundamental for our country to manage two intertwined crises: controlling the spread of Covid-19 and rebuilding the American economy”, says the federation of producers.

“There is no time to waste and there is no room for error,” the organization said in a statement, urging the Trump administration to partner with Joe Biden’s transition team.

The White House has so far refused to acknowledge Biden’s victory, postponing a regular surrender, which is often a tradition in the United States.

Several large business owners or federations, such as United Airlines CEO Scott Kirby, or the United States Chamber of Commerce, congratulated the future president of the United States on November 7, when he was declared the winner by most of the major average.

Doug McMillon, head of Walmart supermarkets, took advantage of the group’s release on November 17 to make sure he “looks forward to working with the administration (Biden) and both Houses of Congress to lift the country.”

Donald Trump, who is always proud of his friendships with big bosses, especially Wall Street’s most influential voices, has been sidelined by them, including Steve Schwarzman, co-founder of investment firm Blackstone.

The billionaire, a staunch supporter and unofficial advisor to the president, said on Monday the time had come to “acknowledge defeat.”

“The result is now obvious,” he said in a message to the AFP.

“We supported President Trump and his sound economic policy,” he said. But “like many in the business community, I am ready to help President-elect Biden and his team, who are now facing the challenge of rebuilding the economy after Covid,” Schwarzman added.

“Start fast”

While Donald Trump has not admitted that he has lost and that his services still do not allow Joe Biden’s team to receive classified information and speak with various ministry officials, JPMorgan chief Chase has called for a “peaceful transition”.

“Whether you like elections or not, you have to support democracy because it is based on a system of faith and trust,” Jamie Dimon told a New York Times lecture last week.

Some organizations, representing sectors shaken by the pandemic, such as restaurants or hotels, are already asking for the future team to work with Congress.

Despite negotiations for several months, Democrats and Republicans elected to the Senate and the House of Representatives have not yet reached a compromise on a new recovery plan and are regularly accused of failure.

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

“2020 has been a particularly destabilizing year for the American people. We know that you are striving to bring our nation together to overcome the challenges posed by Covid-19, racial issues, a growing skills problem and growing global competition. “, he wrote.

But, Swan adds, the administration must also focus on issues such as investments in new technology, digital infrastructure and science education.

The head of the American Chamber of Commerce, Tom Donohue, in turn, has called for the transition not to be delayed.

“President-elect Biden and the team around him have extensive executive experience that should get them up and running quickly,” he said.