Kevin O’Leary sheds light on why CEOs ‘want to suck up to Trump’
The post Kevin O’Leary sheds light on why CEOs ‘want to suck up to Trump’ appeared on BitcoinEthereumNews.com.
In recent weeks, Mar-a-Lago has become a “center stage” for America’s corporate elite as CEOs from various industries meet with President-elect Donald Trump. Kevin O’Leary believes most of them are “sucking up to Trump” because the President-elect could create “good times” for businesses. Business leaders have been lining up to connect with DJT, who has framed his return as a pro-business presidency. The pace of these high-profile meetings has accelerated since his election victory over Kamala Harris in early November, with executives keen to build relationships with the incoming administration. Kevin O’Leary, chairman of O’Leary Ventures, weighed in on this surge in CEO activity, suggesting that leaders are motivated by Trump’s pro-business stance and anticipated policies. Speaking on The Evening Edit, O’Leary highlighted two key reasons behind this trend: A stable corporate tax rate of 21% and the promise of deregulation. “This is a phenomenal platform for Trump. Everybody knows he’s pro-business,” O’Leary said. “All of a sudden, CEOs want to suck up to Trump in a very big way because he’s got the power, the mandate, and the reach.” Kevin O’Leary: ‘I’m licking my own chops right now’ In the interview, O’Leary drew attention to the improved economic outlook following Trump’s electoral victory. A recent survey indicates a surge in global economic confidence. This is a stark contrast to concerns during President Joe Biden’s term, which O’Leary criticized for policies that burdened American households. The O’Leary Ventures chairman, popularly known as Mr Fantastic, highlighted the speed at which Trump is addressing economic issues. He described his approach as a reflection of what voters demanded. “This mandate is going to be way better than the last one, a lot more stable and very good for business,” O’Leary remarked. “I’m licking my own chops right now. These are good times.” O’Leary…
Filed under: News - @ December 19, 2024 9:23 am