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.