A large group of senior Wall Street executives, including David Solomon of Goldman Sachs and Stephen Schwarzman of Blackstone, have backed Joe Biden’s $1.9tn stimulus plan ahead of crucial votes on the package in Congress.
In a letter to congressional leaders from both parties on Wednesday, more than 150 business leaders based in New York City called for “immediate and large-scale federal legislation” to tackle the fallout from the pandemic.
“Previous federal relief measures have been essential, but more must be done to put the country on a trajectory for a strong, durable recovery,” they wrote.
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