JOURNAL ARTICLE

Wall Street Brass Courted by Harris as Trump Makes 2024 Inroads.

  • Published In: Bloomberg.com, 2024. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Gardner, Akayla 3 of 3

Abstract

Vice President Kamala Harris has been actively building relationships with top executives in corporate America, including those who have traditionally supported Republicans like Donald Trump. She has met with CEOs such as Ryan McInerney of Visa, Ursula Burns of Teneo, and Ken Chenault, the former CEO of American Express. Harris has also engaged in discussions with leaders from various political backgrounds, including Jamie Dimon of JPMorgan Chase. This outreach, which has not been widely reported, comes as Trump seeks support from the business community for his 2024 campaign. President Joe Biden and his team are also working to counter any anti-business reputation they may have. While Trump has gained support from wealthy executives and investors, Harris has been working to build relationships with major corporations and has collaborated with them on initiatives such as directing funds to community lenders in underserved areas. Despite Biden's initial fundraising advantage, Trump has been able to narrow the gap due to increased support following his felony conviction. Harris's meetings with executives have focused on discussing the state of the economy and seeking feedback on Biden's economic agenda, rather than fundraising. While some corporate leaders broke with Trump after the January 6th attack on the Capitol, many have been hesitant to support Biden due to his proposed tax increases and clean-energy transition. However, Harris has positioned the administration as providing stability and predictability for businesses. Some executives have expressed frustration with the increase in regulations under Biden, but the White House highlights manufacturing investments, stable growth, and [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2024/06, pN.PAG
  • Document Type:Article
  • Subject Area:Biography
  • Publication Date:2024
  • Accession Number:178026155
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