Business | The elephant in the boardroom

Republicans are falling out of love with America Inc

That heralds risks for big business—and change for American capitalism

|New York

To american executives, Rob Portman is the ideal politician. Clever, reasonable and experienced, he served as the top trade representative and budget director for George W. Bush, the Republican president from 2001 to 2009, before becoming a senator for Ohio more than a decade ago. Mr Portman has just one shortcoming: he is retiring. The party’s nominee to replace him is J.D. Vance, backed by Donald Trump, the most recent Republican commander-in-chief. Mr Vance calls big technology firms “enemies of Western civilisation” and casts elite managers as part of “the regime”, with interests anathema to those of America’s heartland.

This article appeared in the Business section of the print edition under the headline “The elephant in the boardroom”

Walkies

From the August 20th 2022 edition

Discover stories from this section and more in the list of contents

Explore the edition

Discover more

Food packaging with "Notpla Coating" is pictured at Notpla.

Could seaweed replace plastic packaging?

Companies are experimenting with new ways to reduce plastic waste

A sequoiq tree with a metal detector scanning around the Silicon valley and California.

Has Sequoia Capital outgrown its business model?

Venture capital’s hardiest perennial gets back to its roots


A man cutting the red tape that tiies him.

On stupid rules and quick wins

Why every boss can benefit from asking employees what most infuriates them


TikTok wants Western consumers to shop like the Chinese

It still has some convincing to do

Will the trouble ever end for Volkswagen and its rivals?

From strikes to Trump tariffs, calamities abound

After Northvolt’s failure, who will make Europe’s EV batteries?

The continent looks ever more reliant on Asian producers