Former Merck boss urges business leaders to consider risk posed by ex-president to the rule of law
US business leaders must consider the “existential threat” that a second Donald Trump presidency would pose to the country’s democracy and the health of its economy, former Merck chief executive Kenneth Frazier has said. “It is a mistake for Americans to lose sight of the larger issue,” Frazier told the Financial Times. “Returning President Trump to the White House will threaten our democracy and severely weaken our economy.
“As we get closer to the election, many people in the business community will have to ask themselves whether or not our business community needs the kind of stability and effective government that we’ve seen in the Biden administration,” Frazier also warned of Trump’s “vindictive” style of governing, and said he would increase inflation, raise borrowing costs and undermine long-term productivity.
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