Business Leaders Encouraged by Election Results

Media Release

Washington, DC – Responding to the election results, which shifted the balance of power in the U.S. House of Representatives and several states, the American Sustainable Business Council (ASBC) released the following statement. It may be attributed to CEO Hammad Atassi.

“This election is an important first step towards passing national legislation that responsible business leaders have long wanted to see. Our members have been frustrated with many policies from Washington and now have renewed hope for progress in the House on some critical issues. Passage in the House now will be the foundation for later passage in the Senate and being signed by the President for policies such as a federal price on carbon, a national paid family leave program and an increase in the federal minimum wage, among many others.

“Also changes in leadership and legislative majorities in several states in the Northeast, Midwest, and Western parts of the nation means that we can expand our success in the states. As is often the case, states can take the lead on policies that later become national. We are encouraged about the new opportunities for policy change at both the federal and the state levels.”

The American Sustainable Business Network (ASBN) is a partner to businesses and the investor community to bring collective wisdom and public policy solutions to the systemic issues negatively impacting our society and planet. Founded through the merger of the American Sustainable Business Council (ASBC) and Social Venture Circle (SVC), ASBN rejects short-term thinking narrowly focused on just shareholder value in favor of a capitalism based on creating long-term value and being accountable to all stakeholders: owners, workers, families, community, environment, state, nation, and world. As a multi-issue, membership organization advocating on behalf of every business sector, size, and geography, ASBN and its association members collectively represent over 250,000 businesses across our networks.