150 execute business leaders from the largest companies across America have lined up behind President Joe Biden to back his $1.9 trillion COVID relief plan. According to a letter obtained by CNN, President Joe Biden shall use the funds for relief packages.
The business leaders are said to represent some of the powerful business interests in America, ranging from bank and investment firms like Blackstone and Goldman Sachs, to Intel, IBM, and Google. Hospitality companies are also on the list such as Loews Hotels & Co. as well as airline companies like United Airlines and American Airlines. Moreover, business leaders from real estate companies, insurance companies, and utility firms also signed on to the letter.
Over the first month in office, President Joe Biden has been so determined to press lawmakers to pass his cornerstone legislative proposal, which includes funding for schools, vaccine distribution and infrastructure, states and localities, direct payments and extensions of expiring unemployment insurance programs.