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As President Joe Biden’s $1.9 trillion American Rescue Plan hangs in the balance, more than 160 of the nation’s most influential executives are advocating for its passage through a letter addressed to majority and minority leaders Chuck Schumer, Nancy Pelosi, Mitch McConnell and Kevin McCarthy.
Among the 160 signees are 27 residential and commercial real estate executives, including Zillow Co-Founder and CEO Rich Barton, The Corcoran Group President and CEO Pamela Liebman, and WeWork CEO Sandeep Mathrani.
“We write to urge immediate and large-scale federal legislation to address the health and economic crises brought on by the COVID-19 pandemic,” the letter read. “More than a year after the first coronavirus case was reported in the United States, our nation is still struggling to combat the spread and reverse its economic fallout.”