How Biden is winning over corporate America behind closed doors
Publishing timestamp: 2024-05-21 11:07:02
Summary
President Biden and corporate America publicly oppose each other, but behind closed doors, they are collaborating on infrastructure goals. Biden has been critical of big businesses, but is now working with industry leaders to make private infrastructure investments and gain support for his economic approach as the November election nears. Despite regulatory actions against industries, the White House is seeking to stoke collaboration with the business community. Biden's cooperation with businesses is expected to increase in the coming months, especially on topics like China trade and taxes.
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Keywords: citigroup inc, citi trends inc, politics, united states chamber of commerce, donald trump, defense, breaking news: politics, united states, mark cuban, government and politics, joe biden, elections, business news, united airlines holdings inc, scott kirby, marriott international inc, u.s. economy,
Source: https://www.cnbc.com/2024/05/20/president-joe-biden-love-hate-american-ceos.html