• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
PoliticsThe Biden administration

Business leaders praise new Biden administration for quick COVID action pledge

Phil Wahba
By
Phil Wahba
Phil Wahba
Senior Writer
Down Arrow Button Icon
Phil Wahba
By
Phil Wahba
Phil Wahba
Senior Writer
Down Arrow Button Icon
January 20, 2021, 5:07 PM ET

That didn’t take long.

The Business Roundtable, an influential association of the chief executive officers of almost 200 of America’s biggest companies, sent out a congratulatory statement to the newly installed Biden administration on Wednesday to praise it for its pledge to act quickly in taming the COVID-19 pandemic.

The group, whose members include the chiefs of companies such as Walmart, JPMorgan Chase, and Boeing, sent out the statement soon after the inauguration of President Joe Biden and Vice President Kamala Harris ended.

The new administration has set out to vaccinate 100 million Americans in its first 100 days, an ambitious goal but one welcomed by corporate America. The pandemic so far has killed more than 400,000 Americans and overwhelmed hospitals nationwide, and also wrought enormous destruction to the U.S. economy, particularly in sectors such as retail and food service.

“We applaud the new Administration for taking swift action to bring an end to the pandemic, including by developing a strong national plan to scale up vaccination,” the Business Roundtable’s CEO Joshua Bolten said in a statement.

The previous administration, led by Donald Trump, often denied the severity of the pandemic, or was disorganized in coordinating a response, to the frustration of many business leaders including the CEOs of Walmart and Macy’s, among others.

The Biden administration on Wednesday earned an offer of help toward its goal from Amazon.com, to help with logistics, in addition to one from Starbucks earlier this week.

Also this week, Walmart CEO Doug McMillon, chairman of the Business Roundtable, echoed the sense of urgency big business feels about taming the pandemic. “The incoming Biden Administration and Congress have the opportunity to turn the corner on this pandemic,” he said. “Addressing the health crisis has to be the top priority.”

The Business Roundtable, and other business groups such as the U.S. Chamber of Commerce and the National Association of Manufacturers, had soured on the ostensibly pro-business Trump administration in the wake of the violent mob attack on the Capitol two weeks ago and harshly criticized Trump for inciting his supporters. And after some senior Republicans led an effort to overturn the Nov. 3 election results, many large companies said they would pull back on political donations as a result.

With a new administration in place, business leaders have called for improvements to the immigration system, focus on renewing infrastructure, support for Americans in dire financial straits because of the pandemic, and efforts to mitigate the impacts of climate change, in addition to accelerating the vaccine rollout.

“We welcome President Biden’s action to rejoin the Paris Climate Agreement. It is critical that the United States restore its leadership role in international efforts to address the climate challenge,” the U.S. Chamber of Commerce tweeted on Wednesday afternoon.

About the Author
Phil Wahba
By Phil WahbaSenior Writer
LinkedIn iconTwitter icon

Phil Wahba is a senior writer at Fortune primarily focused on leadership coverage, with a prior focus on retail.

See full bioRight Arrow Button Icon

Latest in Politics

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Politics

By staying on the Fed’s board, Jerome Powell could be doing incoming Chairman Kevin Warsh a huge favor 
EconomyFederal Reserve
By staying on the Fed’s board, Jerome Powell could be doing incoming Chairman Kevin Warsh a huge favor 
By Jason MaMay 1, 2026
8 minutes ago
trump
PoliticsIran
Trump White House argues Iran War is over because of cease-fire that began in April
By Seung Min Kim and The Associated PressMay 1, 2026
3 hours ago
Sen. Rick Scott (R-FL) is joined by fellow Senate Republicans for a news conference where he urged the White House and Senate Democrats to pass the House GOP legislation that would raise the debt limit and cut federal spending, outside the U.S. Capitol on May 03, 2023 in Washington, DC.
Economynational debt
‘Cut up the credit cards:’ Congress is getting brutal about ‘embarrassing’ $31 trillion national debt
By Eleanor PringleMay 1, 2026
4 hours ago
Newly appointed Apple CEO John Ternus (left) with outgoing CEO Tim Cook in Cupertino, Calif. (Photo courtesy Apple)
PoliticsMarkets
Apple’s new CEO said he will continue the company’s tradition of secrecy—and Wall Street loved it
By Jim EdwardsMay 1, 2026
5 hours ago
sundar
Commentary250 Years of Innovation
America at 250: immigration and the making of an innovative nation
By Nasser KazeminyMay 1, 2026
6 hours ago
trump
Personal Financenational debt
The national debt is the same size as the economy. It’s a ‘disturbing warning and a call to action,’ watchdog says
By Nick LichtenbergMay 1, 2026
8 hours ago

Most Popular

China dominates the world's lithium supply. The U.S. just found 328 years' worth in its own backyard
North America
China dominates the world's lithium supply. The U.S. just found 328 years' worth in its own backyard
By Jake AngeloApril 30, 2026
21 hours ago
Apple cofounder Ronald Wayne—whose stake would be worth up to $400 billion had he not sold it in 1976—says that at 91, he has no regrets
Success
Apple cofounder Ronald Wayne—whose stake would be worth up to $400 billion had he not sold it in 1976—says that at 91, he has no regrets
By Preston ForeApril 27, 2026
4 days ago
Accenture's Julie Sweet blew up 50 years of company history. She says the hardest part is still ahead
Conferences
Accenture's Julie Sweet blew up 50 years of company history. She says the hardest part is still ahead
By Nick LichtenbergApril 29, 2026
2 days ago
America shot its arsenal empty in 2 wars. Now it needs Beijing's permission to reload
Commentary
America shot its arsenal empty in 2 wars. Now it needs Beijing's permission to reload
By Steve H. Hanke and Jeffrey WengApril 30, 2026
21 hours ago
Exclusive: America's largest Black-owned bank launches podcast with mission to unlock hidden shame holding back generational wealth
Banking
Exclusive: America's largest Black-owned bank launches podcast with mission to unlock hidden shame holding back generational wealth
By Nick LichtenbergApril 29, 2026
2 days ago
Google Cloud revenue is now 18% of Alphabet's business. Is this the beginning of the end of Google's search identity?
Big Tech
Google Cloud revenue is now 18% of Alphabet's business. Is this the beginning of the end of Google's search identity?
By Alexei OreskovicApril 29, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.