In a powerful endorsement, a group of 88 business leaders, including prominent executives from technology, media, and finance, have expressed their support for Vice President Kamala Harris, emphasizing her ability to foster a prosperous private sector and promote the strength of the American economy.

The open letter, spanning three pages, asserts that a Harris administration offers the best path towards maintaining a robust democracy and ensuring economic stability. Notable signatories of the letter include James Murdoch, former CEO of 21st Century Fox, billionaire entrepreneur Mark Cuban, and LinkedIn co-founder Reid Hoffman.

While Harris has garnered significant support in Silicon Valley, traditionally a Democratic stronghold, the endorsement resonates with executives in other sectors, including Wall Street and consumer-facing companies.

The letter highlights Harris' accomplishments as vice president, particularly her efforts to stimulate business investment within the United States and bolster the global competitiveness of American companies. It emphasizes her commitment to implementing fair and predictable policies that uphold the rule of law, foster stability, and create a conducive business environment. The signatories believe that under a Harris administration, all Americans will have the opportunity to pursue the American dream.

Harris' stance on economic policies has positioned her as potentially more aligned with business interests than President Joe Biden. She recently unveiled her economic policy platform, which includes tax relief measures for small businesses. Additionally, Harris proposes increasing the long-term capital gains tax rate to 28% for wealthy individuals, differing from Biden's proposed higher rate in his 2025 budget plan.

While President Donald Trump has received support from CEOs, including notable figures in the tech industry such as Elon Musk, the endorsement for Harris serves as a significant display of confidence in her candidacy. With the November election heating up and Harris and Trump appearing to be in a tight race, this endorsement provides a boost for Harris ahead of the upcoming ABC presidential debate on September 10.

The solid backing from influential business leaders showcases Harris' appeal not only within the tech industry but also among Wall Street and consumer-focused companies. It underlines her ability to inspire economic growth, protect the interests of American businesses in the global marketplace, and forge a path towards a stronger democracy.

As the race for the presidency intensifies, endorsements like these highlight the significance of economic policies in shaping the future of the American economy, with business leaders recognizing Harris as the candidate who can drive prosperity and safeguard democracy in the years to come.