On the campaign trail, President Joe Biden likes to take a hard thwack at corporate America.
Politics FILE - President Joe Biden speaks on April 12, 2024, in Washington. Top Biden administration officials have stepped up their outreach to CEOs and other corporate leaders to ask about what they need. The effort encroaches on the business community terrain that former President Donald Trump considers to be his home turf.
Biden was invited to appear as well, but he will be in Italy for a Group of Seven summit of world leaders. White House chief of staffBiden has long sought to balance the interests of businesses and workers, tempering his criticism of companies by noting that as a former senator from Delaware he comes from the “corporate capital of the world.”
American business leaders, according to the Biden team, are looking for ways to sustain growth: There are not enough skilled workers to fill available jobs. Government permitting needs to be streamlined. And they generally agree with the administration’s push to renew a corporate tax break for research and development expenses.
Deputy Treasury Secretary Wally Adeyemo said he walked away from the conversations more fully aware of how issues overlapped. The administration's renewable energy policies were essential to build out the data centers used for artificial intelligence, for example.
Jeffrey Zients 2024 United States Presidential Election Politics Stephen Schwarzman Donald Trump Lael Brainard Washington News Joe Biden
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How do President Biden and former President Trump differ on education?Scripps News breaks down the issues that set the candidates apart on curriculum, student loans and education policy.
Read more »
Lots of Biden and Trump voters don’t really like Biden and TrumpNew swing-state polling shows a lot of softness in candidate support — and broad support for abortion-access initiatives.
Read more »
Trump up in two post-conviction pollsFormer President Donald Trump kept his lead over President Joe Biden after his conviction last week.
Read more »
Voters Want RFK Jr. in Presidential Debate, Poll FindsPresident Joe Biden and former President Donald Trump have agreed to a pair of debates.
Read more »
New poll has Trump ahead of Biden in 5 of 6 swing statesNew polling shows President Joe Biden trailing former President Donald Trump in multiple key battleground states.
Read more »
He’s a Fox News Star Who Can Actually Get Biden to Talk. What’s His Secret?Peter Doocy on four years under President Biden—and his expectations for a President Trump.
Read more »