Ken Langone: billionaire backing Trump says Republicans betrayed America

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Langone, who voted for Trump in 2016 and gave it credit for improving the economy, said the president “exhausted everything” when he tried to overturn the 2020 election results. “Biden is the president,” Langone said on CNBC’s “Squawk Box”.

“Last Wednesday was a shame and should never have happened in this country and if it doesn’t break the hearts of all Americans, something is wrong,” Langone said, referring to the Capitol seat. “It breaks my heart, for sure. I didn’t sign up for this.”

The billionaire has said he will focus on supporting Biden in any way he can.

“I’m going to do everything I can from day one to make sure I do my part to make Joe Biden the most successful president in the country’s history,” he said. “If he’s a great and successful president, we all win.”

Langone said the country was facing “major problems”, citing the pandemic, growing debt, crumbling infrastructure and an underfunded public school system.

In an interview with CNN shortly before the 2016 election, Langone said supporting Trump’s candidacy was “not about Trump.”

“It is the American people who are using Trump as a token to express their anger and disgust with the system,” he said.

The businessman’s frustration underscores a larger message: Corporate America is breaking up with Trump. In early January, more than 170 business leaders signed a letter urging Congress to accept Biden’s victory.
Some of America’s largest corporations are suspending donations to Republican members of Congress who opposed Electoral College votes. Other companies have stopped making all political donations.

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