Morning Wire Corporate World Turns to Trump & Federal Employee Protections | 4.20.24
Apr 20, 2024
Corporate attitudes are shifting, with some CEOs favoring Trump as a candidate for the upcoming election. Economic leaders weigh in on Trump’s potential return, blending optimism with concern. New rules aim to bolster job security for federal workers amid concerns about political shifts. Additionally, Harvard faces challenges and a decline in applications, partly due to recent controversies, leading to the appointment of a DEI advocate for future leadership.
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CEO Preferences in the 2024 Election
- Some CEOs favor Trump due to his economic policies and tough stance on China.
- Others criticize Biden for not being business-minded enough and for his handling of issues like the border crisis.
Biden’s New Rule Protecting Federal Employees
- The Biden administration is strengthening job protections for federal employees, making them harder to fire.
- This move is seen as a response to Trump's vow to 'gut' the federal bureaucracy if re-elected.
Harvard’s DEI Advocate
- Harvard University hired DEI advocate Vivian Hunt to help choose its next president.
- This decision follows controversies, including discrimination lawsuits and declining donations/applications.