Why Jeff Bezos is optimistic about Donald Trump's presidency


Amazon founder Jeff Bezos said Wednesday at the NYTimes DealBook Summit that he is “actually very optimistic this time” about President-elect Donald Trump's upcoming second term in office.

“He (Trump) seems to have a lot of energy about reducing regulations,” Bezos said, adding, “If I can help him do that, I will.”

Last month, Trump announced that he was creating Department for Government Efficiencywhich will be geared towards cutting government spending, reducing redundant regulations and reducing red tape. He appointed Elon Musk and Vivek Ramaswamy as co-heads of the department.

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Bezos said at the DealBook Summit that when it comes to Trump, what he's seen is that the President-elect is “more relaxed than he was the first time and more confident, more determined.”

Jeff Bezos. Photo: Eugene Gologursky/Getty Images for the New York Times

Bezos, who owns the Washington Post, also stood by the Post's choice not to endorse a presidential candidate this year. Although more than 200,000 Washington Post subscribers canceled their subscriptions After the paper's lack of endorsements for Trump or Kamala Harris, Bezos stood by his decision.

“We just decided it wasn't going to help … it wasn't going to affect the election in any way,” he DECLARING at the DealBook Summit. An endorsement would have created a sense of bias and added to the loss of trust the Post faces from readers, he added.

“We made the right decision. “I am very proud of this decision.”

Related: Jeff Bezos addresses growing employee strife at his newspaper: 'We need to change as a business'



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