23 November 2020 - 23:40New York — Business leaders, including many in New York’s finance world, are urging President Donald Trump to acknowledge Joe Biden as the winner of the US election and start a transition process.
“Every day that an orderly presidential transition process is delayed, our democracy grows weaker in the eyes of our own citizens and the nation’s stature on the global stage is diminished,” according to the letter. “Withholding resources and vital information from an incoming administration puts the public and economic health and security of America at risk.”
Business leaders are growing more concerned that a delayed transition could slow efforts to manage the coronavirus pandemic and roll out new vaccines, which are critical for New York City’s return to financial health. Midtown offices are still largely empty, and local businesses are suffering as employers keep their workers home indefinitely.