By Russell Berman - 05/09/11 09:01 PM EDT
House Majority Leader Eric Cantor (R-Va.) will meet with business leaders and ring the opening bell of the New York Stock Exchange Tuesday, as Republicans extend their outreach to Wall Street ahead of the escalating debt-limit fight.
The close contact with Wall Street comes as Democrats have warned that GOP’s brinksmanship on the debt ceiling threatens to rattle the credit markets and send the economy into another tailspin.
The trips by the top two House Republicans were not coordinated, said John Murray, Cantor’s deputy chief of staff.
The majority leader’s visit is part of his own broader effort “to articulate the Republican pro-growth message beyond the Beltway,” Murray said.
Cantor has delivered economic speeches at Harvard and Stanford universities in recent months, and he plans to visit the Chicago Mercantile Exchange next week. Trips to Silicon Valley, the Pacific Northwest and Texas are also in the works, Murray said.
The busy travel schedule allows Cantor the opportunity to spread the GOP message across the country, and it also affords the ambitious Virginian an audience with corporate CEOs and potential campaign donors.
Cantor will join a private roundtable of executives at the stock exchange Tuesday, and he will meet separately with Duncan Niederauer, the CEO of NYSE Euronext, and Larry Leibowitz, the chief operating officer of NYSE Euronext.