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Big Business Backs Away From Trump’s Party But Longs for Old GOP

Jan. 14, 2021, 9:00 AM

Big Business is in a tight spot. Rebellious Trump loyalists have amped up their influence over the Republican Party, which business has traditionally leaned on for support. Meanwhile, although President-elect Joe Biden is a moderate, the Democratic Party’s platform is the most left-leaning it’s been in decades. “From a business standpoint we’re concerned about the growing ranks of populist viewpoints in the Republican Party and the growing ranks of progressive and socialist viewpoints in the Democratic Party,” says Neil Bradley, executive vice president and chief policy officer of the U.S. Chamber of Commerce.

So big companies and business...

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