CEOs abandon Trump

Tom Donohue — CEO of the U.S. Chamber of Commerce, and longtime confidant of Republican presidents — tells Axios that Joe Biden is president-elect, and President Trump “should not delay the transition a moment longer.”

What he’s saying: “President-elect Biden and the team around him have a wealth of executive branch experience that should allow them to hit the ground running,” Donohue said in a statement.

“[W]hile the Trump administration can continue litigating to confirm election outcomes, for the sake of Americans’ safety and well-being, it should not delay the transition a moment longer.”

Why it matters: Even business leaders who held back at first are now saying Trump needs to move on.