(DCNF)—Billionaire investor Barry Sternlicht on Tuesday warned that Vice President Kamala Harris’ policies are detrimental for business and that she is more progressive than President Joe Biden.
The Federal Trade Commission (FTC) under the Biden-Harris administration has targeted successful American industries, including artificial intelligence and fashion giants. Sternlicht on “Squawk Box” used FTC Chair Lina Khan’s anti-trust actions as an example of how Harris’ policies are anti-business and said she will need to moderate if she wants to beat former President Donald Trump.
“Half the nation is independent still. Whoever goes to the middle will win the election. If Trump can convince some of the centrists, like myself, that he’ll be a moderate, he wins. And I don’t think it’s in her nature to go to the middle. She’s further left than Biden. And she has some policies that are obviously abhorrent to business,” Sternlicht said. “You know, we’ll see how that plays out … And she needs to go to the center. I think her vice presidential pick will be somewhat important … I mean, her meetings in Washington have mostly been with the black caucus and the progressives. She’s kind of ignored the moderates.”
“I think on business, we all think the FTC has lost their center … They’re coming after some industries in real estate, where collectively, we and another company own less than a tenth of one percent of the market and they’re looking at our pricing,” the billionaire added. “I mean, this sort of crazy stuff, especially when you have Google with, what, 95% of search or something like that? So I think [Khan] has gone off the deep end.” […]
— Read More: thelibertydaily.com
