LinkedIn co-founder to ‘flee’ US after Trump win? Reid Hoffman reportedly fears new President will…
Reid Hoffman, LinkedIn co-founder and Democratic donor, is contemplating relocating abroad after Donald Trump's election victory. Concerns about potential retribution from the new president have prompted discussions among major donors regarding moves overseas and strategies for damage-control.
LinkedIn co-founder Reid Hoffman is considering a relocation following the victory of Donald Trump in the recent US elections. The prominent Democratic donor is one of many prominent personalities currently concerned that the new POTUS will seek retribution against his political enemies.
According to a report by The New York Times, Hoffman has told friends and allies that he is currently weighing a move overseas. The re-election of Donald Trump has sparked growing concern as the President elect hinted at sweeping plans to upend the Department of Justice and other public agencies. A slew of Republicans (including Trump) have also vowed to seek retribution against supposed adversaries.
Several other major donors and their advisers have privately floated the idea of moving abroad — while others regroup or make a bid for damage-control. Another business mogul reportedly fretting about the incoming Trump administration is OpenAI CEO Sam Altman — perceived as an ‘enemy’ of close Trump ally Elon Musk.
Trump's nominees will have allies in what will be a Republican-controlled Senate next year, but his picks are not certain of confirmation. With a slim majority, Republicans can only lose a few defectors in the face of expected unified Democratic opposition — though as vice president, JD Vance would be able to break any tie votes.
But the president-elect had also raised the prospect of pushing his selections through without Senate approval using a congressional loophole that allows him to make appointments when the Senate is not in session.
“The president has his two big priorities and doesn’t feel as strongly about anything else — so it’s going to be a real jump ball and zigzag. In the first administration, he surrounded himself with more conservative thinkers, and the results showed we were mostly rowing in the same direction. This is more eclectic,” predicted Marc Short — chief of staff to Vice President Mike Pence during Trump’s 2017-21 term.
(With inputs from agencies)
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Business NewsNewsUs NewsLinkedIn co-founder to ‘flee’ US after Trump win? Reid Hoffman reportedly fears new President will…
First Published:3 Dec 2024, 11:48 PM IST
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