Robert Rubin Warns Election Interference Would Damage the U.S. Economy
He urges business and civic leaders to support nonpartisan election protections to avert a rise in borrowing costs that would erode confidence in the dollar.
Overview
- Robert Rubin issued a New York Times op‑ed warning that election interference poses a material economic risk and that markets and many leaders are not treating the danger as meaningful.
- Rubin said President Trump has shown a clearly expressed desire to interfere with the midterms and cited feared tactics such as sending armed federal agents to polling places, seizing ballot boxes, and exploiting a House clerk procedural loophole.
- He argued the fallout could be immediate because business investment is weak, small‑business uncertainty is about 32 percent above its historical average, and Treasury yields that are already elevated could climb further.
- Rubin called on corporate executives to speak publicly for election integrity, fund nonpartisan election‑protection groups, and use private influence to deter efforts to disrupt the vote.
- He warned that longer‑term erosion of the rule of law would weaken the dollar’s appeal to investors and raise U.S. borrowing costs, citing examples where weakened legal protections scared off investment.