News Press

Business Leaders Call on Congress to Pass Infrastructure Bill

July 26, 2021


Katy Feinberg
[email protected]

Today, over 140 business leaders issued a public letter to Congressional leaders urging rapid passage of the infrastructure bill being crafted by the White House and bipartisan members of the U.S. Senate and House of Representatives. Investment in the country’s physical and digital assets are essential for the well-being of the economy and the workforce. Mass transit funding is of particular concern to urban centers like New York City where commuters are dependent on subways, buses and commuter rail. 

Dear Senate Majority Leader Schumer, Senate Minority Leader McConnell, House Speaker Pelosi and House Minority Leader McCarthy,

We write to express strong support for your promising efforts to design and pass a Bipartisan Infrastructure Framework, a long-awaited and desperately needed program to renew and rebuild our nation’s crumbling infrastructure. We urge you to finalize and adopt this program to modernize and expand physical and digital assets that are a necessary foundation for our nation’s sustainable growth.

The framework that Congress and the Biden administration have worked diligently to craft reflects priorities shared by labor, business and state and local governments, as well as the American people. It will leverage significant private investment and generate a strong return for the federal government.

New jobs generated by investment in the nation’s mass transit, roads, bridges, airports, broadband and other essential assets will create training and re-employment opportunities for millions of Americans who lost jobs during the pandemic. The public-private initiatives that are created will accelerate recovery from losses suffered due to COVID-19.

We urge you to seize the moment and act quickly to pass this bipartisan initiative.


Lee S. Ainslie, III, Managing Partner, Maverick Capital

Ellen Alemany, Chairman & CEO, CIT Group Inc.

Simon Allen, Chief Executive Officer, McGraw-Hill Education, Inc.

Jeffrey H. Aronson, Managing Principal, Centerbridge Partners

Glenn R. August, Founder & CEO, Oak Hill Advisors L.P.

Mary T. Barra, Chair and CEO, General Motors Company

Candace K. Beinecke, Senior Partner, Hughes Hubbard & Reed LLP

Stephen Berger, Chairman, Odyssey Investment Partners, LLC

Seth Bernstein, President & CEO, AB

Jeff T. Blau, Chief Executive Officer, The Related Companies, L.P.

Kathy Bloomgarden, Chief Executive Officer, Ruder Finn, Inc.

Adam M. Blumenthal, Managing Partner, Blue Wolf Capital Partners

Bonnie Brennan, President, Christie’s Americas

Marty Burger, Chief Executive Officer, Silverstein Properties, Inc.

Donald A. Capoccia, Principal, BFC Partners

Timothy Cawley, President & CEO, Con Edison, Inc.

Mathieu Chabran, Co-Founder, Tikehau Capital

Rodgin Cohen, Senior Chairman, Sullivan & Cromwell LLP

Todd C. DeGarmo, Chief Executive Officer, STUDIOS Architecture

Annemarie DiCola, Chief Executive Officer, Trepp, LLC

William R. Dougherty, Chairman, Executive Committee, Simpson Thacher & Bartlett LLP

Douglas Durst, Chairman, Durst Organization Inc.

Blair W. Effron, Co-Founder, Centerview Partners

Joel S. Ehrenkranz, Partner and Co-Founder, Ehrenkranz Partners L.P.

Douglas F. Eisenberg, Executive Chairman & Co-Founder, A&E Real Estate, LLC

Peter Faricy, Chief Executive Officer, SunPower

James D. Farley, Jr., Chief Executive Officer, Ford Motor Company

Bradley H. Feldmann, Chairman, President & Chief Executive Officer, Cubic Corporation

Laurence D. Fink, Chairman & CEO, BlackRock

Peter Finn, Founding Partner, Finn Partners

John Fish, Chairman & CEO, Suffolk

Winston C. Fisher, Partner, Fisher Brothers

Alan H. Fishman, Founder, Willow Holdings, Inc.

John Foley, Co-Founder & CEO, Peloton

William E. Ford, Chairman & CEO, General Atlantic LLC

Paul Fribourg, Chairman & CEO, Continental Grain Company

Adena Friedman, President & CEO, Nasdaq

Eric J. Friedman, Executive Partner, Skadden, Arps, Slate, Meagher & Flom LLP

Jeff Gennette, Chairman & CEO, Macy’s, Inc.

Michael Gerstenzang, Managing Partner, Cleary Gottlieb Steen & Hamilton LLP

MaryAnne Gilmartin, Founder & CEO, MAG Partners LP

Perry Golkin, Chief Executive Officer, PPC Enterprises LLC

James P. Gorman, Chairman & CEO, Morgan Stanley

Barry M. Gosin, Chief Executive Officer, Newmark

Peter T. Grauer, Chairman, Bloomberg LP

Jonathan N. Grayer, Chairman & CEO, Weld North LLC

David J. Greenwald, Chairman, Fried, Frank, Harris, Shriver & Jacobson LLP

Kelly Grier, US Chair & Managing Partner and Americas Managing Partner, Ernst & Young LLP

Efraim Grinberg, Chairman & CEO, Movado Group, Inc.

Stewart KP Gross, Managing Director, Lightyear Capital

Christopher Grosso, Chief Executive Officer, Intersection

Matt Haller, President & CEO, International Franchise Association

Robin Hayes, Chief Executive Officer, JetBlue Airways Corporation

Leslie W. Himmel, Managing Partner, Himmel + Meringoff Properties LLC

Marc Holliday, President & CEO, SL Green Realty Corp.

Brian T. Horey, President, Aurelian Management

Barbara Humpton, President & CEO, Siemens USA

Donna Imperato, Chief Executive Officer, BCW

Kenneth M. Jacobs, Chairman & CEO, Lazard

Alan Jones, Senior Managing Director, Intermediate Capital Group plc

John Josephson, Chairman & CEO, Sesac

Brad S. Karp, Chair, Paul, Weiss, Rifkind, Wharton & Garrison LLP

Charles R. Kaye, Chief Executive Officer, Warburg Pincus LLC

Alfred F. Kelly, Jr., Chairman & CEO, Visa Inc.

Jason Kelly, Chief Executive Officer, Ginkgo Bioworks

Anthony S. Kendall, Chairman & CEO, Mitchell & Titus, LLP

Scott Kirby, Chief Executive Officer, United Airlines, Inc.

Andrew Klaber, President, Bedford Ridge Capital

Christian Klein, Chief Executive Officer, SAP SE

Jack Kopnisky, President & CEO, Sterling Bancorp

Barbara Armand Kushner, President, Armand Corporation

Rochelle B. Lazarus, Chairman Emeritus, Ogilvy & Mather Worldwide

Gene Lee, Chairman & CEO, Darden Restaurants, Inc.

Rich Lesser, Chief Executive Officer, Boston Consulting Group

Martin Lipton, Senior Partner, Wachtell, Lipton, Rosen & Katz

Robert P. LoCascio, Founder & CEO, LivePerson, Inc.

Howard W. Lutnick, Chairman & CEO, Cantor Fitzgerald L.P.

Shawn Lytle, Head of the Americas, Macquarie Group

Mehdi Mahmud, CEO & President, First Eagle Investment Management, LLC

Anthony Malkin, Chairman, President & CEO, Empire State Realty Trust

Peter W. May, President & Founding Partner, Trian Partners

Andrew McMahon, CEO & President, The Guardian Life Insurance Company of America

Heidi Messer, Co-Founder & Chairperson, Collective[i]

Michael Miebach, Chief Executive Officer, Mastercard

Greg Mondre, Co-Chief Executive Officer, Silver Lake

Curtis A. Morgan, Chief Executive Officer, Vistra Corp

Tyler Morse, Chief Executive Officer & Managing Partner, MCR Development LLC

Deanna M. Mulligan, Chief Executive Officer, Purposeful

Liz Neumark, Chair & Founder, Great Performances

Doug Parker, Chairman & CEO, American Airlines

Mark Pearson, President & CEO, Equitable

Douglas L. Peterson, President & CEO, S&P Global

Charles E. Phillips, Jr., Managing Partner & Co-Founder, Recognize

Michael Phillips, President, Jamestown Properties LLC

Penny Pritzker, Chair & Founder, PSP Partners

Deirdre Quinn, Co-Founder & CEO, Lafayette 148 New York

Daniel Ramot, Co-Founder & CEO, Via

Steven L. Rattner, Chairman & CEO, Willett Advisors LLC

Scott H. Rechler, Chairman & CEO, RXR Realty LLC

Christiana Riley, Chief Executive Officer, Deutsche Bank Americas

Michael Roberts, President & CEO, HSBC Bank USA

James D. Robinson, Co-Founder & General Partner, RRE Ventures

Robert Roche, Founder & President, Roche Enterprises, LLC

Pasquale Romano, President & CEO, ChargePoint, Inc.

Evan Roth, Co-Chief Executive Officer, BBR Partners, LLC

Michael I. Roth, Executive Chairman, Interpublic Group

Steven Roth, Chairman & CEO, Vornado Realty Trust

Steven Rubenstein, President, Rubenstein Communications, Inc.

William C. Rudin, Co-Chairman & CEO, Rudin Management Company, Inc.

Kevin P. Ryan, Founder & CEO, AlleyCorp

Philip K. Ryan, Chairman, Swiss Re Americas

Scott Salmirs, President & CEO, ABM Industries Inc.

Ralph Schlosstein, Co-Chairman & Co-CEO, Evercore

Alan D. Schnitzer, Chairman & CEO, The Travelers Companies, Inc.

Alan D. Schwartz, Executive Chairman, Guggenheim Partners, LLC

Stephen A. Schwarzman, Chairman, CEO & Co-Founder, Blackstone

Kathleen Shanahan, Chief Executive Officer, Turtle & Hughes, Inc.

Suzanne Shank, President & CEO, Siebert Williams Shank & Co., LLC

Jonathan Silvan, Chief Executive Officer, Global Strategy Group, LLC

Joshua Silverman, Chief Executive Officer, Etsy, Inc.

Michael C. Slocum, President, Commercial Banking, Capital One Bank

Brad Smith, President, Microsoft

Jeffrey M. Solomon, Chair & CEO, Cowen

Rob Speyer, President & CEO, Tishman Speyer

Stephen J. Squeri, Chairman & CEO, American Express

Stewart Steeves, Chief Executive Officer, LaGuardia Gateway Partners

Steven R. Swartz, President & CEO, Hearst

Michael J. Sweeney, Eastern U.S. President, HNTB Corporation

Paul J. Taubman, Chairman & CEO, PJT Partners Inc.

Owen D. Thomas, Chief Executive Officer, Boston Properties

Jonathan Tisch, Chairman & CEO, Loews Hotels & Co

Paul Todd, Chief Executive Officer, GLG

Jean-Marie Tritant, Chief Executive Officer, Unibail-Rodamco-Westfield

Richard Trobman, Chair & Managing Partner, Latham & Watkins LLP

Robert Vecchio, Chief Executive Officer, LPI, Inc.

James R. Wacht, President, Lee & Associates NYC

George H. Walker, Chairman & CEO, Neuberger Berman Group LLC

Pamela S. Wasserstein, President, Vox Media

Charles Weinstein, Chief Executive Officer, EisnerAmper LLP

John Willinge, Chairman, Alverstoke Group LLC

David Winter, Co-Chief Executive Officer, Standard Industries Inc.

Robert Wolf, Chief Executive Officer, 32 Advisors LLC

Kathryn S. Wylde, President & CEO, Partnership for New York City

Rudolph L. Wynter, Jr., President, NY, National Grid

Strauss Zelnick, Partner, ZMC

James Zelter, Co-President, Apollo Global Management, Inc.

Michael Zetlin, Senior Partner, Zetlin & De Chiara LLP

John Zimmer, Co-Founder & President, Lyft, Inc.