How Glenn Youngkin plans to address jobs, taxes and education after winning Virginia’s gubernatorial race

  • Date: 05-Nov-2021
  • Source: CNBC
  • Sector:Economy
  • Country:Oman
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How Glenn Youngkin plans to address jobs, taxes and education after winning Virginia’s gubernatorial race

Former business executive Glenn Youngkin won back the Virginia governor's office for Republicans in part by touting his private-sector experience. As the soon-to-be 74th governor of the state, he has several ambitious business campaign promises to fulfill. Succeeding Democratic Gov. Ralph Northam while promising a departure from the current administration on economic policy, Youngkin will try to keep the momentum going for a state chosen as the best in the U.S. for business Youngkin's victory marks a sharp turn in a state that has leaned blue over the past decade. President Joe Biden won it last year by a 10-percentage point margin. A political newcomer who has never held elected office, Youngkin sold himself as a businessman who can approach the Old Dominion's hot-button issues in a new, "common-sense" way. He has argued that handling Virginia's economy would be right in his wheelhouse. As the state's hotly contested gubernatorial race comes to a close, here's what to know about Youngkin's business background and campaign promises. Youngkin's business roots Youngkin, a Virginia native and multi-millionaire, was a big player in the business world before entering the political field. The Rice University alumnus spent his early career handling mergers and acquisitions at