Jeff Bezos killed Washington Post endorsement of Kamala Harris, paper reports

Jeff Bezos killed Washington Post endorsement of Kamala Harris, paper reports


The Washington Post Building at One Franklin Square Building on June 5, 2024 in Washington, DC. 

Andrew Harnik | Getty Images

The Washington Post said Friday that it will not endorse a candidate in the presidential election this year, breaking decades of tradition, and sparking immediate criticism of the decision.

The newspaper also Friday published an article by two staff reporters saying that editorial page staffers had drafted an endorsement of Kamala Harris over Donald Trump in the election.

“The decision not to publish was made by The Post’s owner — Amazon founder Jeff Bezos,” The Post reported, citing two sources briefed on the events.

Amazon founder Jeff Bezos arrives for his meeting with British Prime Minister Boris Johnson at the UK diplomatic residence on September 20, 2021 in New York City.

Michael M. Santiago | Getty Images News | Getty Images

Post chief executive Will Lewis, in an online explanation of the decision, wrote, “The Washington Post will not be making an endorsement of a presidential candidate in this election. Nor in any future presidential election.”

“We are returning to our roots of not endorsing presidential candidates,” Lewis wrote.

“We recognize that this will be read in a range of ways, including as a
tacit endorsement of one candidate, or as a condemnation of another, or as an abdication of responsibility,” he wrote. “That is inevitable. We don’t see it that way. We see it as consistent with the values The Post has always stood for and what we hope for in a leader: character and courage in service to the American ethic, veneration for the rule of law, and respect for human freedom in all its aspects.”

The announcement came days after the head of The Los Angeles Times’s editorial board resigned in protest after that paper’s owner Patrick Soon-Shiong decided against running a presidential endorsement.

Soon-Shiong, like Bezos, is a billionaire.

“@realdonaldtrump will see this as an invitation to further intimidate owner @jeffbezos (and others),” Baron wrote. “Disturbing spinelessness at an institution famed for courage.”

Read more CNBC politics coverage

The Washington Post Guild, the union that represents the newspaper’s staff, in a statement posted on the social media site X said it was “deeply concerned that The Washington Post — an American news institution in the nation’s capital — would make a decision to no longer endorse presidential candidates, especially a mere 11 days ahead of an immensely consequential election.”

“The message from our chief executive, Will Lewis — not from the Editorial Board itself — makes us concerned that management interfered with the work of our members in Editorial,” the Guild said in the statement, which noted the paper’s reporting about Bezos’s role in the decision.

“We are already seeing cancellations from once loyal readers,” the Guild said. “This decision undercuts the work of our members at a time when we should be building our readers’ trust, not losing it.”

Marty Baron, the former editor of The Washington Post, called the paper’s decision “cowardice, with democracy at its casualty.”

″@realdonaldtrump will see this as an invitation to further intimidate owner @jeffbezos (and others),” Baron wrote. “Disturbing spinelessness at an institution famed for courage.”

Rep. Ted Lieu, a Democrat from California, in his own tweet on the news wrote, “The first step towards fascism is when the free press cowers in fear.”

This is developing news. Check back for updates.



Source

The markets are telling you not to worry with steep drop in volatility. Should you listen?
World

The markets are telling you not to worry with steep drop in volatility. Should you listen?

As midsummer sets in and the trauma of the springtime sell-off fades, the markets are whispering, “Don’t worry.” With every orderly ratchet higher to a record high in the benchmark indexes, affirmed by a breakout in bitcoin as gold sleeps, a steep retreat in market volatility and a collapse in corporate-credit spreads, the investment universe […]

Read More
Beauty is an ‘insidious force in women’s financial lives,’ says ‘Rich Girl Nation’ author — here’s how to overcome it
World

Beauty is an ‘insidious force in women’s financial lives,’ says ‘Rich Girl Nation’ author — here’s how to overcome it

Katie Gatti Tassin Courtesy: Katie Gatti Tassin There are many unique hurdles that women face when it comes to money, such as the wage gap and caregiving responsibilities. Yet, there’s another challenge in women’s financial lives that is less-discussed — beauty costs, which can be an “insidious force in women’s financial lives,” said Katie Gatti […]

Read More
These college majors have the best job prospects — and they aren’t what students expect
World

These college majors have the best job prospects — and they aren’t what students expect

For many students, majoring in finance is a proven pathway to a well-paying career and job security. In fact, U.S. graduates believe that finance offers the best career prospects overall, considering today’s economic climate, according to a new survey by the CFA Institute, a non-profit focused on financial education. The group polled more than 9,000 current […]

Read More