U.S. Business Leaders Think Trump Will Win ’24 Election, And They Aren’t Worried

Several enterprise executives attending the World Economic Forum (WEF) in Davos, Switzerland, this week spoke concerning the very actual potential of a second time period for former President Donald Trump in phrases that have been something however alarmist.

In reality, in line with CNBC, whereas their European counterparts have been much more involved about one other Trump time period, many U.S. executives have been decidedly unconcerned about it, with many predicting he would win and others praising his first-term financial insurance policies.

A distinguished U.S. enterprise govt, who most popular to stay nameless because of the confidentiality of his discussions with international leaders, steered that among the apprehension may stem from a restricted understanding of the checks and balances inherent within the U.S. authorities system, CNBC stated.

“I’m not sure Europeans understand how weak executive orders are,” the particular person informed the outlet. “We have a justice system. Congress will probably be divided. It’s right to be cautious, but it won’t be the end of the world.”

Yet one other U.S. financial institution CEO, talking privately, conveyed irritation with the media’s tendency to magnify the perceived menace of a Trump presidency, emphasizing that he believes the previous president is “all bark and no bite.” The financial institution govt additionally downplayed Trump’s refusal to simply accept the end result of the 2020 election as mere rhetoric.

“He’s going to win the presidency,” the CEO predicted. “Many of his policies were right.”

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Earlier this week, JPMorgan Chase CEO Jamie Dimon additionally spoke extremely of Trump’s international and home insurance policies whereas he scolded President Joe Biden, members of the Democratic Party, and their left-wing media cheerleaders over portraying “MAGA” supporters of former President Donald Trump as “threats to democracy.”

“I wish the Democrats would think a little bit more carefully when they talk about ‘MAGA,’” he stated throughout a CNBC morning present phase on Wednesday.

“You know if you travel this country… We’ve got this great hand. When people say MAGA, they actually look at people voting for Trump, and they think they’re voting for — they’re basically scapegoating them, that you are like him,” Dimon continued.

“I don’t think they’re voting for Trump because of his family values. Just take a step back, and be honest. He was kind of right about NATO. He was kind of right about immigration. He grew the economy quite well. Tax reform worked. He was right about China. I don’t like what he did… and how he said things about Mexico. But he wasn’t wrong about these critical issues,” Dimon added.

“That’s why they’re voting for him. People should be more respectful of our fellow citizens, and when you guys have people up here, you should ask why. Not like it is a binary thing, supporting Trump or not supporting Trump,” Dimon stated.

“And the Democrats have done a pretty good job with the deplorables hugging onto their bibles and beer and guns. I mean, really? Can we just stop that stuff and grow up and treat other people with respect… I think this negative talk about MAGA is going to hurt President Biden’s election campaign,” he added.

WATCH:

JPMorgan’s Dimon may skew centrist-left, however he’s precisely proper about Biden and Democrats’ portrayal of Trump’s “MAGA” voters as a ‘menace’ to the nation.

In quick: It’s silly and can backfire. pic.twitter.com/hYJWaLSfZN

— USA Features Media (@UsaFeatures) January 17, 2024

He additionally stated he hopes “the country survives” with both Trump’s return to the White House or Biden’s reelection.

“I will be prepared for both, we will deal with both, my company will survive and thrive in both,” Dimon stated.

Others have been equally unconcerned.

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“I think elections are, you know, huge deals. I believe that America is gonna be fine,” OpenAI CEO Sam Altman informed Bloomberg this week. “No matter what happens in this election.”

Nasdaq CEO Adena Friedman stated that it’s simply too early to deal with what Trump might or might not imply for the nation this time round.

“Honestly, I think they need to see how the primaries shake out,” Friedman stated.