(Catz and Oracle co-founder Larry Ellison-who held a fundraiser for the president in February-are a rare island of support for Trump in Silicon Valley.
#Big business owners pro
Trump and the GOP are still taking in big money from the likes of Schwarzman, Timothy Mellon, heir to the Mellon banking fortune, Linda McMahon, the former pro wrestling executive, and Geoffrey Palmer, a polo-playing, Beverly Hills-based real estate magnate, as well as Marvel Entertainment’s Isaac Perlmutter and Oracle CEO Safra Catz, according to Reuters.
Having said that, let’s take a look at some of the president’s business supporters: But when it comes to executives, he could have had more. “The president isn’t going to get nothing,” Thornell says. “ Trump has been such a disaster on so many levels - international relationships, how he demeaned various races and ethnicities, how he conducts business - it affects how they manage their enterprise, people, and brand. “In a typical year, a CEO and senior executive might look at the corporate tax rate in 2014 compared to 2019, and say that’s important,” says Paul Thornell, former managing director for federal government affairs at Citigroup, who is now a principal at the lobbying firm Mehlman Castagnetti Rosen & Thomas.
Even Blackstone CEO Steve Schwarzman, Trump’s biggest supporter on Wall Street, said according to the New York Times that Trump’s negotiating style was sometimes “quite difficult to watch.” (Privately Schwarzman is said to be a bit less complimentary.) Why? It’s not so much his economic policies-deregulation, tax cuts and even bashing China-which many business leaders find most palatable-so much as it is his affinity for, or at the very least his refusal to disavow, the radical right, conspiracists and racist elements, coupled actions of his cronies and his personal style that businesspeople find off putting. In fact, Trump has seen his support amongst business leaders decline at least in terms of big donations. The conventions, which will be largely virtual because of the coronavirus, will be Aug.
11, 2020, in Washington and Democratic presidential candidate former Vice President Joe Biden speaks in Wilmington, Del. In this combination photo, president Donald Trump, left, speaks at a news conference on Aug.
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