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More than 160 CEOs and managers of large American companies based in New York have signed an open letter sent to the Donald Trump administration requesting the formal start of transition procedures, that is, the transfer between the outgoing president and the newly elected , Joe Biden.
Among the undersigned entrepreneurs and managers are David M. Solomon, CEO of Goldman Sachs, one of the largest banks in the country; Laurence D. Fink, CEO of Blackrock, the world’s largest investment firm, and CEOs of Mastercard, Visa, Condé Nast publishing house and many others. Some of the signatories are also known to have made donations to the Republican Party in the past.
“With each day of delay in an orderly transition process, our democracy weakens in the eyes of our citizens and the stature of the nation on the world stage diminishes,” the letter read. “Withholding vital information and resources from an administration about to take office puts the health and safety of the public and the United States at risk.” So far, by refusing to acknowledge the transition, the Trump administration has prevented Biden and his team from accessing the funds, tools, and protection typically afforded to the president preparing to take office; this also includes updates. intelligence newspapers.
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In the letter, the signatories requested that the General Services Administration, that is, the federal agency that must certify the transition, initiate the process. Even today, however, the agency has made it known that it will report to Congress next week, but for now does not intend to formalize the transition.
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