With less than a month to go before the presidential election, former Hewlett-Packard CEO and 2016 GOP presidential candidate Carly Fiorina, is among the growing list of Republicans backing the Biden-Harris ticket.
‘[Joe Biden] is the only one who’s prepared to actually reach his hand across the aisle, sit down, listen to people who don’t agree with him, and work together to solve problems,” Fiorina told Cheddar’s Closing Bell. “That’s what our nation needs now.”
Fiorina first announced her support for Joe Biden in June. She told Cheddar it was the end of 2019 when she realized she could not support President Donald Trump’s re-election campaign. “As a businessperson, I judge someone on the results they produce, their leadership, and their behavior,” Fiorina said. “I think he has honestly failed most leadership tests that have come his way.”
When it comes to the 2020 election, Fiorina says it’s more than just various issues at stake; she called it a matter of the nation’s unity. “This country has got to come back together otherwise we cannot move forward.”
Unsurprisingly, Fiorina said she doesn’t agree with everything on the Democratic platform. She also admitted she doesn’t agree with some policies “the Trump Republican Party” has pushed. Specifically, Fiorina pointed to the administration’s handling of immigration and what she described as the growing consolidation of power in the executive branch. As a businessperson, she also pointed to the country’s growing debt and deficit and Trump’s foreign policy record.
When it comes to foreign policy, relations with China are top of Fiorina’s mind. It’s one point she agrees with the president on. “I think it was right for Donald Trump to say we are going to have to challenge China.” But she did have criticisms for the way the Trump administration went about negotiating with the superpower. “If we're going to be successful in challenging China, we need to be consistent, persistent, and strategic,” Fiorina said. “Donald Trump has been extremely inconsistent.”
Fiorina highlighted China’s increased aggression in the South China Sea, its actions against Taiwan, and continued theft of U.S. intellectual property. She said the only way forward is for the government and businesses to find a way to work together. “Which we’re not doing right now,” she added.
As a former tech CEO, Fiorina knows about the power the tech industry has in the marketplace and with consumers — and the response Washington has to that kind of largely-unregulated power. She stated that the pandemic’s acceleration of trends around the tech sector's influence is concerning lawmakers from both sides of the aisle. “Big tech is not going to have an open field going forward, in my view, no matter who wins the White House.”
President Donald Trump's administration is appealing a ruling blocking him from immediately firing Federal Reserve Gov. Lisa Cook as he seeks more control over the traditionally independent board. The notice of appeal was filed Wednesday, hours after U.S. District Judge Jia Cobb handed down the ruling. The White House insists the Republican president had the right to fire Cook over mortgage fraud allegations involving properties in Michigan and Georgia from before she joined the Fed. Cook's lawsuit denies the allegations and says the firing was unlawful. The case could soon reach the Supreme Court, which has allowed Trump to fire members of other independent agencies but suggested that power has limitations at the Fed.
Chief Justice John Roberts has let President Donald Trump remove a member of the Federal Trade Commission, the latest in a string of high-profile firings allowed for now by the Supreme Court.
President Donald Trump has fired one of two Democratic members of the U.S. Surface Transportation Board to break a 2-2 tie ahead of the board considering the largest railroad merger ever proposed.
The Rev. Al Sharpton is set to lead a protest march on Wall Street to urge corporate America to resist the Trump administration’s campaign to roll back diversity, equity and inclusion initiatives. The New York civil rights leader will join clergy, labor and community leaders Thursday in a demonstration through Manhattan’s Financial District that’s timed with the anniversary of the Civil Rights-era March on Washington in 1963. Sharpton called DEI the “civil rights fight of our generation." He and other Black leaders have called for boycotting American retailers that scaled backed policies and programs aimed at bolstering diversity and reducing discrimination in their ranks.
President Donald Trump's administration last month awarded a $1.2 billion contract to build and operate what's expected to become the nation’s largest immigration detention complex to a tiny Virginia firm with no experience running correction facilities.
Cracker Barrel said late Tuesday it’s returning to its old logo after critics — including President Donald Trump — protested the company’s plan to modernize.
Federal Reserve Gov. Lisa Cook's lawyer says she'll sue President Donald Trump's administration to try to prevent him from firing her. Longtime Washington attorney Abbe Lowell said Tuesday that Trump “has no authority to remove” Cook. If Trump succeeds in removing Cook from the Fed's board of governors, it could erode the Fed’s political independence, which is considered critical to its ability to fight inflation because it enables the Fed to take unpopular steps like raising interest rates. The Republican president said Monday he was removing Cook because of allegations she committed mortgage fraud. Cook was appointed by Democratic President Joe Biden in 2022 and says she won't step down.
Federal Reserve governor Lisa Cook late Wednesday said she wouldn’t leave her post after Trump on social media called on her to resign over an accusation from one his officials that she committed mortgage fraud.
Politico's Marcia Brown breaks down the MAHA draft roadmap: industry-friendly, light on regulation, heavy on research and voluntary food policy changes.
