Economy

Business leaders and CEOs react to a Trump presidency

We asked CEOs what they thought of a Trump presidency. Here’s what they said
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We asked CEOs what they thought of a Trump presidency. Here’s what they said

Republican Donald Trump's astonishing victory over heavy favorite Hillary Clinton was met with a mostly warm reception by the U.S. business community.

Former General Electric CEO Jack Welch said Trump's economic plan has "unlimited" opportunities, while hedge-fund billionaire Bill Ackman said he is "extremely bullish" on the president-elect.

Maris Ogg, president at Tower Bridge Advisors, an asset management firm based in Pennsylvania, said the business community's bullishness on Trump revolves around the fact that the GOP also controls both the House and the Senate.

"Even without doing anything too radical, the U.S. could see significant improvement" on a number of levels for businesses, including infrastructure and health care, she said. "Obamacare has stopped so many businesses from hiring people. Fix it."