Goldman Sachs, MS and Other US Companies Urge to Expedite Confirmation of Biden's Election Victory

"President Trump's Attempt to Overturn the Election Undermines the Foundation of Democracy"

(Wilmington, Reuters = Yonhap News) U.S. President-elect Joe Biden waves his hand as he arrives at the transition committee headquarters in Wilmington, Delaware, on December 29 last year (local time).

[Asia Economy Reporter Minwoo Lee] More than 170 U.S. companies, including Goldman Sachs and Microsoft (MS), have urged the U.S. Congress to certify the election of President-elect Joe Biden.

According to major foreign media such as The Washington Post (WP) on the 5th (local time), these U.S. companies sent a joint letter to Congress stating, "The presidential election has already been decided, and now is the time for the country to move forward," emphasizing that "any attempt to obstruct or delay the certification process undermines the foundation of democracy." This was intended to stress the urgent need for the Biden administration to move quickly to overcome the COVID-19 pandemic and restore the livelihoods of Americans who have lost their jobs.

In addition to Goldman Sachs and MS, the joint letter included asset management firm Blackstone, consulting firm Deloitte, international credit rating agency Moody's, shared office provider WeWork, ride-sharing company Lyft, and Mastercard. The letter was reportedly led by the nonprofit organization 'Partnership for New York City,' composed of CEOs of major companies in New York City.

The WP described this as the most significant pressure from the business community amid the ongoing, though unsuccessful, attempts by President Donald Trump to overturn the election results.

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