Executives from Fortune 500 corporations say they are planning to intervene if Democrat Joe Biden is not inaugurated into office by January 20, 2021.
A report by CBS News states that in a conference call late last week, Fortune 500 executives were planning to step in on behalf of Biden to pressure Republican lawmakers if President Trump holds up the former vice president’s transition.
CBS News reports:
But if Mr. Trump tries to undo the legal process or disrupts a peaceful transition to Biden, the CEOs discussed making public statements and pressuring GOP legislators in their states who may try to redirect Electoral College votes from Biden to Trump, said Yale Management Professor Jeffrey Sonnenfeld, who convened the meeting. [Emphasis added]
“They’re all fine with him taking an appeal to the court, to a judicial process. They didn’t want to deny him that. But that doesn’t stop the transition,” said Sonnenfeld. “They said if that makes people feel better, it doesn’t hurt anything to let that grind through.” [Emphasis added]
The CEOs decided to wait for the November 20 certification of votes in Georgia before meeting to decide their next moves. Action could include threats to stop donations to political action committees or even corporate relocations, Sonnenfeld said. [Emphasis added]
The big business lobby and Wall Street have been looking to undermine Trump’s economic nationalist agenda for years. The U.S. Chamber of Commerce and the Business Roundtable — both representing some of the nation’s largest multinational corporations and fighting Trump — congratulated Biden and Sen. Kamala Harris (D-CA) days after the November 3 election.
“The U.S. Chamber stands ready to work with the Biden administration and leaders on both sides of the aisle to restore public health, revitalize our economy, and help rebuild American lives and communities,” the Chamber’s statement reads.
John Binder is a reporter for Breitbart News. Follow him on Twitter at @JxhnBinder.