Support for Kamala Harris from Business Leaders and Law Enforcement
WASHINGTON (Reuters) – More than 90 company executives, including the chief executives of Yelp and Chobani, as well as former CEOs of PepsiCo, Ford Motor, and Yahoo!, endorsed U.S. Vice President Kamala Harris for the presidency in a letter released on Friday.
Separately, over 100 current and retired law enforcement officials also backed Harris in her contest against Republican former President Donald Trump ahead of the Nov. 5 presidential election. They cited her experience as a prosecutor and her commitment to curb gun violence.
The company executives, including leaders from top sports and investment firms, expressed confidence that Harris would bolster the economy and preserve American democracy. They stated, “Harris has a strong record of advancing actions to spur business investment in the United States and ensure American businesses can compete and win in the global market.”
They added that she would continue to advance fair and predictable policies supporting the rule of law, stability, and a sound business environment, giving every American the opportunity to pursue the American dream.
Notable supporters included billionaire Mark Cuban, former 21st Century Fox CEO James Murdoch, and Earvin “Magic” Johnson. Laurene Powell Jobs, head of the Emerson Collective and widow of Apple CEO Steve Jobs, also endorsed Harris, along with former executives from Merck, Aetna, GoDaddy, Blackstone, and Starbucks.
Harris faces a tight race against Trump as voters weigh the economy and the future of U.S. democratic systems. Both candidates are presenting their visions for jobs and economic growth ahead of November’s contest, with early voting expected to begin in some states.
The Vice President’s economic plan aims to cut taxes for most Americans, tackle grocery price gouging, bolster housing, and offer new child tax credits. She also seeks to raise the corporate tax rate from 21% to 28%. Key labor groups have backed her plan.
In contrast, Trump stated this week he would lower the corporate tax rate to 15% and hire billionaire supporter Elon Musk to audit the U.S. government. He vowed large-scale housing construction on public lands and to declare a national emergency to cut regulations on energy projects.
Goldman Sachs noted that economic output may decline next year if Trump wins, primarily due to increased tariffs and stricter immigration policies. They suggested that under a Harris presidency, the U.S. would likely see stronger job growth and a slight boost to GDP.
Law enforcement officials criticized Trump for his proposed cuts to law enforcement funding and his criminal charges, stating, “Trump has repeatedly shown he does not respect law enforcement or the rule of law. He creates disorder that puts law enforcement and all Americans at risk.” This group included law enforcement leaders from various U.S. cities, emphasizing the importance of stability in governance.
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