Why Jeff Bezos Is Optimistic About Donald Trump’s Presidency

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Amazon founder Jeff Bezos mentioned on Wednesday on the NYTimes DealBook Summit that he is “truly very optimistic this time round” about President-elect Donald Trump’s upcoming second time period in workplace.

“He [Trump] appears to have a number of power round decreasing regulation,” Bezos mentioned, including, “If I might help him try this, I’ll assist him.”

Final month, Trump introduced he’s creating the Division for Authorities Effectivity, which will likely be geared in the direction of chopping authorities spending, decreasing extra rules, and downsizing paperwork. He named Elon Musk and Vivek Ramaswamy the division’s co-leads.

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Bezos mentioned on the DealBook Summit that on the subject of Trump, what he is seen is that the President-elect is “calmer than he was the primary time and extra assured, extra settled.”

Jeff Bezos. Photograph Credit score: Eugene Gologursky/Getty Pictures for The New York Occasions

Bezos, who owns the Washington Publish, additionally stood by the Publish’s selection to not endorse a presidential candidate this 12 months. Despite the fact that greater than 200,000 Washington Publish subscribers canceled their subscriptions following the paper’s lack of endorsement for Trump or Kamala Harris, Bezos caught by his determination.

“We simply determined that it wasn’t going to assist … it wasn’t going to affect the election both approach,” he acknowledged on the DealBook Summit. An endorsement would have created a way of bias and added to the lack of belief that the Publish faces from readers, he added.

“We made the precise determination,” he mentioned. “I am very pleased with that call.”

Associated: Jeff Bezos Addresses Mounting Worker Rivalry at His Newspaper: ‘We Do Have to Change as a Enterprise’



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