Summers Urges CEOs to Reject Trump, Calling Election Most Vital Since WWII

  • Former Treasury chief sees foundation of US business at stake
  • Summers warns on parallels with Mussolini, Argentina’s Perón
WATCH: Summers is afraid of what will happen if Trump wins aagin. Source: Bloomberg
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Former Treasury Secretary Lawrence Summers called on US business leaders to set aside their concerns over the excesses of the Biden administration’s progressive policies and to recognize the historic dangers of another presidential term for Donald Trump.

“This is probably the most consequential presidential election since the Second World War,” Summers said on Bloomberg Television’s Wall Street Week with David Westin. Among things under threat in the case of a Trump win in November are “prospects with respect to basic justice and rights including the ability to make and enforce contracts in the United States,” and the ability of companies, universities and other institutions to “function autonomously,” he said.