The Biden Presidency And The Economy: What You Need To Know Now

The president-elect has plans for everything from Covid-19 to taxes to the minimum wage. How much he gets done likely depends on control of the Senate.

Business leaders breathed a sigh of relief over the weekend as it became clear that Joseph R. Biden Jr. would be the nation’s 46th President, while Senate control (to be determined by two January Georgia runoffs) is likely to remain with Republicans, blocking Democrats” left-leaning big plans. “This is great for American competitiveness,’’ Box CEO Aaron Levie wrote on Twitter, adding that businesses need  stability and “global trade relations that don’t change on a whim.”

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