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Trump And Biden To Court Corporate America With 2025 Business Agenda

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President Biden and former President Trump will this week offer a split screen on their vision for corporate America in 2025. On June 13, Treasury Secretary Janet Yellen will discuss President Biden's business agenda at the Economic Club of New York, where she is expected to argue that Trump’s tax cuts and business deregulation aren't the best ways to grow the economy. Concurrently, Trump will address executives at the Business Roundtable, an association of more than 200 CEOs, in Washington.

  • Business Roundtable said in a statement President Biden was also invited to the event but, "will be traveling overseas to the G7, but White House Chief of Staff Jeff Zients is slated to appear in his stead."
  • ABC writes: “The Biden team's pitch to business leaders goes something like this: We think the economy is doing well, but we want to hear from you about how we can drive investment.”
  • Lael Brainard, director of the White House National Economic Council, said: “They know that they’ll always get a hearing. We’re pragmatists. We solve problems for them.”
  • Axios notes: “Corporate America is bracing for a big tax fight in 2025, when some Trump tax cuts expire…. Biden has pumped billions of public dollars into some industries. But he also has accused corporations of exacerbating inflation and "ripping people off" with "greedflation" and "shrinkflation." It's led to some Wall Street titans and Trump-skeptic tycoons to warm to the former president."
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President Biden and former President Trump will this week offer a split screen on their vision for corporate America in 2025. On June 13, Treasury Secretary Janet Yellen will discuss President Biden's business agenda at the Economic Club of New York, where she is expected to argue that Trump’s tax cuts and business deregulation aren't the best ways to grow the economy. Concurrently, Trump will address executives at the Business Roundtable, an association of more than 200 CEOs, in Washington.

  • Business Roundtable said in a statement President Biden was also invited to the event but, "will be traveling overseas to the G7, but White House Chief of Staff Jeff Zients is slated to appear in his stead."
  • ABC writes: “The Biden team's pitch to business leaders goes something like this: We think the economy is doing well, but we want to hear from you about how we can drive investment.”
  • Lael Brainard, director of the White House National Economic Council, said: “They know that they’ll always get a hearing. We’re pragmatists. We solve problems for them.”
  • Axios notes: “Corporate America is bracing for a big tax fight in 2025, when some Trump tax cuts expire…. Biden has pumped billions of public dollars into some industries. But he also has accused corporations of exacerbating inflation and "ripping people off" with "greedflation" and "shrinkflation." It's led to some Wall Street titans and Trump-skeptic tycoons to warm to the former president."