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riversedge

(70,242 posts)
Wed Aug 16, 2017, 01:20 PM Aug 2017

Trump disbands CEO councils as business leaders desert

Source: Politico


'I am ending both,' he tweets.



Updated 08/16/2017 01:29 PM EDT


Faced with a stampede of CEO defections, President Donald Trump tweeted early this afternoon that he was disbanding both of his advisory groups of business leaders.

..............

The president's tweet followed the announcements Wednesday that the leaders of Minnesota-based 3M and Campbell Soup had quit his manufacturing council, while a second strategic and advisory group was on the verge of collapse.

"Racism and murder are unequivocally reprehensible and are not morally equivalent to anything else that happened in Charlottesville," said Denise Morrison, the head of Campbell Soup, who became the 8th executive to announce in a statement that she was leaving the manufacturing council. "I believe the President should have been and still needs to be unambiguous on that point."
.........................................

Trump's strategic and advisory council a separate group chaired by key ally Steven Schwarzman, the head of Blackstone was reportedly on the verge of disbanding, CNBC and the New York Times reported.
............................

Read more: http://www.politico.com/story/2017/08/16/inge-thulin-3m-quits-trump-manufacturing-council-241705



Edited to add title and article



to DonViejo for finding a link for me. Thank you.




Here is his tweet:






Maggie Haberman Retweeted
Donald J. Trump?Verified account @realDonaldTrump 9m9 minutes ago

Rather than putting pressure on the businesspeople of the Manufacturing Council & Strategy & Policy Forum, I am ending both. Thank you all!
7,521 replies 2,978 retweets 8,216 likes




20 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies

asiliveandbreathe

(8,203 posts)
2. Too bad, so sad, they already disbanded...so now it is his idea..
Wed Aug 16, 2017, 01:22 PM
Aug 2017

but I thought he said, they leave, I have many more CEO's who will join...waiting, waiting..winning!!!

ProudLib72

(17,984 posts)
3. here
Wed Aug 16, 2017, 01:22 PM
Aug 2017



Rather than putting pressure on the businesspeople of the Manufacturing Council & Strategy & Policy Forum, I am ending both. Thank you all!

Mrs. Overall

(6,839 posts)
5. Here's a list of the CEOs who did not resign:
Wed Aug 16, 2017, 01:24 PM
Aug 2017

(just fyi)

Andrew Liveris, Dow
Bill Brown, Harris Corp.
Michael Dell, Dell
John Ferriola, Nucor Corp.
Jeff Fettig, Whirlpool
Alex Gorsky, Johnson & Johnson
Greg Hayes, United Technologies Corp.
Jeff Immelt, General Electric
Jim Kamsickas, Dana Inc.
Rich Kyle, The Timken Co.
Dennis Muilenburg, Boeing
Doug Oberhelman, Caterpillar
Michael Polk, International Paper
Wendell Weeks, Corning

BumRushDaShow

(129,069 posts)
6. Wapo link - the 2 groups just disbanded
Wed Aug 16, 2017, 01:26 PM
Aug 2017
Trump’s two main CEO councils disband in wake of his controversial Charlottesville remarks

By Washington Post Staff August 16 at 1:24 PM

President Trump’s two major councils of top CEOs disbanded Wednesday in the wake of his controversial remarks over the recent racially-charged violence in Charlottesville, Va.

Several corporate leaders had announced they were resigning from the President’s Strategic and Policy Forum as well as a separate manufacturing council in recent days after Trump was slow to condemn white supremacy groups.

But on Twitter, Trump said it was his decision to disband both councils. “Rather than putting pressure on the businesspeople of the Manufacturing Council & Strategy & Policy Forum. I am ending both,” he tweeted.

The dissolution of the council is a major setback for a president who had cast himself as a business leader who could bring greater prosperity to companies and the economy.

https://www.washingtonpost.com/news/business/wp/2017/08/16/trumps-two-main-ceo-councils-disband-in-wake-of-his-controversial-charlottesville-remarks/


The whole thing was farce anyway. I think perhaps all those CEOs wanted to at least appear to be working on stuff related to the mission but there was zilch coming out of the Drumpf administration to even bother working with them - notably people like Wilbur Ross.

Dave Starsky

(5,914 posts)
16. Trump has every one of Cartman's bad traits and no good ones.
Wed Aug 16, 2017, 01:49 PM
Aug 2017

Cartman is really very smart, can work with people in pursuit of a goal, is educable, and, on occasion, he actually feels remorse for bad stuff that he's done.

Trump has none of this. He is worse than Eric Cartman.

Bengus81

(6,931 posts)
8. Bawhahhahaaaaa!! What a phony,feels bad for the remaining members
Wed Aug 16, 2017, 01:27 PM
Aug 2017

Oh PLEASE Trump,you just can't take the "pressure" of seeing a couple more names of those who defect splashed in the media,then another couple then another............

Botany

(70,516 posts)
9. closing the barn door after the horse has gotten out
Wed Aug 16, 2017, 01:27 PM
Aug 2017


to be so late in taking action to prevent something bad happening that the bad event has already happened

BumRushDaShow

(129,069 posts)
15. They had the initial get-togethers in February and haven't met since.
Wed Aug 16, 2017, 01:46 PM
Aug 2017

It was all a smoke and mirrors farce - perhaps not from their standpoint but from Drumpf's standpoint. A simpleton dog and pony show to make it look like he gave a damn.

Maven

(10,533 posts)
11. HAAAAAAAAAAAAAAAAAAAAAAAAAA
Wed Aug 16, 2017, 01:28 PM
Aug 2017

"You can't break up with me, I'm breaking up with you FIRST!"

What a fucking child.

Mrs. Overall

(6,839 posts)
13. But yesterday he tweeted:
Wed Aug 16, 2017, 01:39 PM
Aug 2017



Text:

For every CEO that drops out of the Manufacturing Council, I have many to take their place. Grandstanders should not have gone on. JOBS!

hamsterjill

(15,221 posts)
20. Exactly
Wed Aug 16, 2017, 03:47 PM
Aug 2017

Donnie, what in the hell happened to those "many"?????

Goodness this man is a temper tantrum dressed in orange.

onetexan

(13,041 posts)
14. My understanding is other than meeting a couple times for photo-ops
Wed Aug 16, 2017, 01:40 PM
Aug 2017

these 2 groups haven't accomplished anything productive. These CEOs should have never trusted the idiot. He played them like a fiddle and used them to promote himself as the creator of jobs.

mahatmakanejeeves

(57,480 posts)
18. Who Is Jacob Wohl? Registered letters in administrative case don't find the answer.
Wed Aug 16, 2017, 02:05 PM
Aug 2017
President Trump alone has succeeded in bringing the Stock Market, Small Business Index and Consumer Comfort to ALL TIME HIGHS!



Jacob Wohl, Facing August 7 Regulatory Hearing, Touts Trump Tweets

By Mark Melin on July 24, 2017 4:50 pm

Who Is Jacob Wohl? That is the question, but the answer is not so simple. ... As Jacob Wohl’s August 7 administrative hearing before the Arizona Corporation Commission (ACC) approaches, the 19-year old hedge fund boy wonder told ValueWalk he is up 7% year to date while operating yet another new strategy. He is also enamored with US President Donald Trump and his son Donald Trump Jr. retweeting him, a point he wants the world to recognize.
....



Who Is Jacob Wohl? Registered letters in administrative case don’t find the answer

Wohl stands accused of “Fraud in Connection with the Offer or Sale of Securities,” according to ACC documents, as previously reported in ValueWalk. The National Futures Association had previously banned the teen from membership for life after an investigation into his promotional activities and surrounding charges he improperly handled investor assets.

On July 17, registered letters from the ACC regarding the trial were returned to sender. Wohl would not publicly say if he planned on attending nor would he comment on the trial other than to say the ACC has an old address. “Communication is functioning,” he said of his dialogue with the ACC. {Update 7/27/2017: Wohl says he has retained the law firm of Tiffany and Bosco, an Arizona law firm, to represent him.}

The ACC is currently involved in a matter involving Federal investigators. In an unrelated case, the ACC is reported to be part of a wider FBI investigation, but the details in the case would not be revealed to defense attorneys unless they promised to keep them confidential.
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