Ripple $2 Chairman Chris Larsen and other American business leaders reportedly support Democratic candidate Kamala Harris for president.
Supporting Leaders
According to a new CNBC report, Larsen, along with 87 other current and former company executives, supports Harris against former President Donald Trump. CEOs believe that under Harris’s administration, the business world could have a president who wants to see American industries thrive.
Most of the signatories of the letter are former CEOs of major companies like Paramount, Pepsi, Merck, Ford, GoDaddy, Starbucks, and PayPal. Other signatories include current CEOs of Yelp, Box, Snap, and 21st Century Fox, sports magnate Ted Leonsis, Facebook co-founder Dustin Moskovitz, and billionaire Mark Cuban.
Content of the Letter
“As President Biden’s partner, Vice President Harris has a strong record of encouraging commercial investments in the US and ensuring American companies can compete in the global market. She will continue to advance fair and predictable policies that support legality, stability, and a robust business environment, giving every American the opportunity to pursue the American dream.”
Business World’s Expectations
CEOs believe Harris will pursue policies that support economic growth. They are particularly hopeful about creating a sustainable and predictable environment for the business world. Many former and current top executives expect Harris to take steps to make American commerce stronger in global competition.
Harris’s role in the Biden administration and her past performance seem to have been influential in gaining the support of business leaders. This support could provide a significant advantage in Harris’s presidential campaign.
The signatures under the support letter include important representatives of the American business world. These representatives aim to encourage commercial investments in the US and bring the business world to a competitive level in the global market.
The support given to Harris reflects expectations, especially regarding economic policies and improving the business environment. Business leaders believe that a more stable and reliable economic environment will be created under Harris’s administration.
Harris’s support from the business world shows that her economic policies are positively received by a broad segment. This support could strengthen Harris’s hand in the presidential race.
Policies that appeal to all segments of society and support economic growth are crucial for gaining the trust of the business world. Expectations that Harris will pursue such policies are helping her gain the support of the business world.