More Than 150 Top CEOs Rally Behind Biden’s $1.9 Trillion Stimulus Plan

  • Date: 24-Feb-2021
  • Source: Forbes
  • Sector:Economy
  • Country:Middle East
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More Than 150 Top CEOs Rally Behind Biden’s $1.9 Trillion Stimulus Plan

Share to Linkedin More than 150 executives from the country's biggest businesses signed on to a letter to bipartisan congressional leaders Wednesday, expressing their support for President Biden's $1. 9 trillion American Rescue Plan. David M. Solomon, Chairman and CEO, Goldman Sachs, participates in a panel discussion during the ... [+] annual Milken Institute Global Conference at The Beverly Hilton Hotel on April 29, 2019 in Beverly Hills, California. The letter's signatories include some of the biggest names in finance, including BlackRock CEO Larry Fink, Goldman Sachs CEO David Solomon and Blackstone CEO Stephen Schwartzman, and some of the biggest names in tech, including Google CEO Sundar Pichai and Zoom CEO Eric Yuan. Top executives from the retail, travel, and hospitality industries, from Zillow to Visa to United Airlines to Saks Fifth Avenue, also signed on. Congressional Democrats are moving ahead with Biden's plan over the objections of Republicans, who say the proposal is too expensive and contains too many provisions that they see as unrelated to the current coronavirus crisis. "Previous federal relief measures have been essential, but more must be done to put the country on a trajectory for a strong, durable recovery," the executives wrote. "Congress should