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Bezos says he is ‘very optimistic’ about Trump’s plan to roll back regulations

Dec 05, 2024 - theguardian.com
Jeff Bezos, Amazon's billionaire founder, has expressed support for Donald Trump's incoming presidency and his plans to reduce government regulation. Speaking at the New York Times’s DealBook Summit, Bezos signaled a willingness to collaborate with Trump, marking a significant shift from their previously antagonistic relationship. Bezos also defended his decision to prevent the Washington Post from endorsing Kamala Harris, arguing that the paper needed to maintain independence.

This political repositioning aligns with other tech leaders such as Elon Musk, Mark Zuckerberg, and Sam Altman, who have also shown support for Trump. Bezos's support appears strategically motivated, with his space company, Blue Origin, potentially competing for federal contracts in a future Trump administration. Bezos also described Trump as "calmer, more confident and more settled", and expressed a desire to moderate Trump's approach to media relations.

Key takeaways:

  • Jeff Bezos, Amazon's billionaire founder, has expressed support for Donald Trump's plans to reduce government regulation and has indicated a willingness to collaborate.
  • Bezos defended his decision to prevent the Washington Post from endorsing Kamala Harris, arguing that the paper needed to maintain independence.
  • Other tech leaders, including Elon Musk, Mark Zuckerberg, and Sam Altman, have also signaled support for Trump, with Musk contributing nearly $75m to a pro-Trump political action committee.
  • Bezos's support for Trump appears strategically motivated, with his space company, Blue Origin, potentially positioned to compete for federal contracts in a future Trump administration.
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