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From racism to climate change, CEOs keep turning on Trump
The election of a businessman to the White House fueled a wave of optimism among America's CEOs. Now some of those same business leaders are turning on President Trump.
On Monday, Kenneth Frazier, the CEO of Merck (MRK), joined the growing list of executives who feel compelled by Trump's words and policies to take a stand against him.
Frazier, one of the country's most prominent black business leaders, quit Trump's manufacturing council to "take a stand against intolerance and extremism."
That appeared to be a reference to Trump's statement over the weekend blaming the deadly violence in Charlottesville, Virginia, on "many sides" after neo-Nazis and white nationalists clashed with counter-protesters.
Trump lashed out at Frazier within minutes, saying the resignation would give him "more time to LOWER RIPOFF DRUG PRICES!"
Then, on Monday afternoon, Trump specifically called out the KKK and neo-Nazis. By then almost two days had passed since the president's first remarks on Charlottesville -- and some of the nation's most prominent business leaders had filled the gap with denunciations of racism.
Business leaders have spoken against Trump before. In January, his ban on travel from certain Muslim-majority countries drew criticism from Amazon (AMZN, Tech30) CEO Jeff Bezos, Starbucks (SBUX) boss Howard Schultz, Netflix (NFLX, Tech30) CEO Reed Hastings, Apple's (AAPL, Tech30) Tim Cook and many, many others.
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Add Under Armor and Intel execs to the list.
Wonder IF Trump will get the clue .... my guess is NO !
Well, forget the best and brightest on ANY of his teams.
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Add the CEO of Alliance for American Manufacturing to the list. That makes 5 as of 12:30pm today.
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5 American heroes
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Another CEO resigned on Wednesday from an advisory council to President Trump over the president's remarks about violence at a white supremacist rally in Charlottesville, Va.
Inge Thulin, 3M's chairman of the board, president and CEO, became the ninth business leader — and the sixth since Monday — to resign from Trump's Manufacturing Advisory Council, following the president's controversial remarks on neo-Nazis and white supremacists.
Last edited by tennyson (8/16/2017 12:04 pm)
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So our wonderful MAGA president NOW decides to can the council (before they ALL quit). What a toad he is. All of this is of HIS OWN MAKING !
Trump Disbands 2 Advisory Councils After String Of Resignations
Gee, I thoght he said he had plenty of people waiting in the wings to take their places ???
Last edited by tennyson (8/16/2017 1:07 pm)