Carolina Hurricanes owner Tom Dundon responded to a report suggesting a growing number of finance industry leaders are shifting support from President Biden towards former President Trump.
With the November election looming large, economic perils and geopolitical unrest continue to plague the Biden administration. As voters decipher who to send back to the White House, many big names in finance are opting in to support former President Trump despite his controversies.
The change in attitude is largely due to Trump's "pro-business" policies and previous standing on the world stage, Dundon said. Under President Biden, the U.S. economy has seen record-breaking inflation, an exasperated housing market and surging household debt.
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