US President Donald Trump disbanded his two business advisory councils after facing a string of resignations from the chief executives over his \u201cambiguous\u201d response to violence by white supremacists in Charlottesville. Trump had established the Manufacturing Advisory Council in January after his swearing-in while the 16-member Strategic and Policy Forum was established in December when he was the president-elect.<\/p>\n
\u201cRather than putting pressure on the business people of the Manufacturing Council & Strategy & Policy Forum, I am ending both. Thank you all!\u201d Trump said in a tweet.<\/p>\n
As many as 11 CEOs in the advisory councils have quit so far. A majority of them resigned after criticism mounted over the US president\u2019s less-than-encouraging response to the weekend violence in Charlottesville, where a car rammed into a crowd peacefully protesting against the rally by white supremacists, killing a 32-year-old woman.<\/p>\n
News reports appeared that more CEOs were likely to leave his presidential councils, in an apparent protest against Trump\u2019s remarks that people on both sides were responsible for the violence in Charlottesville.<\/p>\n
Eight CEOs \u2014 including Merck\u2019s Kenneth Frazier, Intel\u2019s Brian Krzanich, Kevin Plank of Under Armour, and Richard Trumka, president of American Federation of Labor and Congress of Industrial Organisations (AFL-CIO) \u2014 had quit from Trump\u2019s two advisory councils till yesterday.<\/p>\n
Earlier in the day, members of the Strategic Policy Forum in a joint statement said that intolerance, racism and violence have absolutely no place in the country and are an affront to core American values.<\/p>\n
Led by Blackstone CEO Stephen Schwarzman, members of the Strategic Policy Forum included JPMorgan CEO Jamie Dimon, PepsiCo CEO Indra Nooyi, General Motors CEO Mary Barra, and Walmart CEO Doug McMillon.<\/p>\n
The President\u2019s Strategic and Policy Forum was conceived as a bi-partisan group of business leaders called to serve our country by providing independent feedback and perspectives directly to the President on accelerating economic growth and job creation in the United States, the members said.<\/p>\n
\u201cWe believe the debate over Forum participation has become a distraction from our well-intentioned and sincere desire to aid vital policy discussions on how to improve the lives of everyday Americans,\u201d they said.<\/p>\n
In a joint statement, the CEOs noted that job creation and supporting an inclusive pro-growth agenda remained important to the country\u2019s progress.<\/p>\n
\u201cAs such, the President and we are disbanding the Forum. Job creation and supporting an inclusive pro-growth agenda remain vitally important to the progress of our country. As Americans, we are all united in our desire to see our country succeed,\u201d they said.<\/p>\n
The Los Angeles Times said in a report: \u201cThe dissolution of the councils marks corporate America\u2019s strongest repudiation yet of Trump, who ascended to the White House touting himself as the first CEO president.\u201d<\/p>\n
The Washington Post termed the development as a \u201cmajor setback\u201d to Trump\u2019s relationship with the American business community.<\/p>\n
JP Morgan Chase chief executive Jamie Dimon, a member of the Strategy & Policy Forum, according to the daily, told employees in a note that his group decided to disband following Trump\u2019s news conference, in which he appeared to show sympathy for some of the people who marched alongside the neo-Nazis and white supremacists in Charlottesville.<\/p>\n
\u201cConstructive economic and regulatory policies are not enough and will not matter if we do not address the divisions in our country. It is a leader\u2019s role, in business or government, to bring people together, not tear them apart,\u201d Dimon wrote to his employees.<\/p>\n
\u201cRacism and murder are unequivocally reprehensible and are not morally equivalent to anything else that happened in Charlottesville,\u201d Campbell Soup CEO Denise Morrison said in a statement before he announced his resignation.<\/p>\n
\u201cI believe the president should have been \u2014 and still needs to be \u2014 unambiguous on that point,\u201d he added.<\/p>\n
General Electric Chairman Jeff Immelt said, \u201cThe Committee I joined had the intention to foster policies that promote American manufacturing and growth. However, given the ongoing tone of the discussion, I no longer feel that this Council can accomplish these goals.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
US President Donald Trump disbanded his two business advisory councils after facing a string of resignations from the chief executives over his \u201cambiguous\u201d response to violence by white supremacists in Charlottesville. Trump had established the Manufacturing Advisory Council in January after his swearing-in while the 16-member Strategic and Policy Forum was established in December when […]<\/p>\n","protected":false},"author":1,"featured_media":2305,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[87],"tags":[],"class_list":["post-2304","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world"],"_links":{"self":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/2304","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/comments?post=2304"}],"version-history":[{"count":1,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/2304\/revisions"}],"predecessor-version":[{"id":2306,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/2304\/revisions\/2306"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media\/2305"}],"wp:attachment":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media?parent=2304"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/categories?post=2304"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/tags?post=2304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}