Economy

Eugene

(61,899 posts) Wed Aug 16, 2017, 01:31 PM Aug 2017

Trump Ends Business Councils as CEOs Turn Against President

Source: Bloomberg

Trump Ends Business Councils as CEOs Turn Against President

By Zachary Tracer and Matthew Townsend
August 16, 2017, 12:52 PM EDT August 16, 2017, 1:24 PM EDT

? President reverses course after saying he’d replace quitters
? ‘I am ending both. Thank you all!’ Trump says on Twitter

Donald Trump said he’s disbanding two advisory groups of American business leaders, after CEOs quit this week as the president faced blowback for failing to sufficiently condemn white supremacists.

Trump made the announcement on Twitter, less than an hour after one of the groups was said to be planning to inform the White House that it would disband.

“Rather than putting pressure on the business people of the Manufacturing Council & Strategy & Policy Forum, I am ending both. Thank you all!” Trump said on Twitter.

His remarks were a reversal of what he said a day before, when he tweeted that he had plenty of CEOs who wanted to be on the panels to replace those who quit, and called the CEOs who left “grandstanders.”

-snip-

9 replies

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Trump Ends Business Councils as CEOs Turn Against President (Original Post) Eugene Aug 2017 OP

wow. so much winning. even he can't stand it. NRaleighLiberal Aug 2017 #1

This presidency is over. He is PINO. Doodley Aug 2017 #2

That's laughable....he is an evil weak effin' POS.... asiliveandbreathe Aug 2017 #3

You can't quit! I'm firing you! marylandblue Aug 2017 #4

Exactly. Warpy Aug 2017 #6

Mueller is coming for you little donnie ... all the tweets on the internet won't save you. Yonnie3 Aug 2017 #5

Schwarzman killed Trump's pro-biz panel. Informed POTUS in call, before tweet; WH declined comment mahatmakanejeeves Aug 2017 #7

WTF? DJT OMG! Bill Fishlore Aug 2017 #8

CEOs abandoning Trump mahatmakanejeeves Aug 2017 #9

NRaleighLiberal

(60,014 posts)

1. wow. so much winning. even he can't stand it.

Reply to Eugene (Original post)

Wed Aug 16, 2017, 01:32 PM

Aug 2017

Doodley

(9,092 posts)

2. This presidency is over. He is PINO.

Reply to Eugene (Original post)

Wed Aug 16, 2017, 01:33 PM

Aug 2017

asiliveandbreathe

(8,203 posts)

3. That's laughable....he is an evil weak effin' POS....

Reply to Eugene (Original post)

Wed Aug 16, 2017, 01:35 PM

Aug 2017

Rather than putting pressure on the business people of the Manufacturing Council & Strategy & Policy Forum, I am ending both. Thank you all!” Trump said on Twitter.

Put pressure on business people... NO - the pressure was on you - for ALL to see..the business community is leaving YOU assh...

marylandblue

(12,344 posts)

4. You can't quit! I'm firing you!

Reply to Eugene (Original post)

Wed Aug 16, 2017, 01:36 PM

Aug 2017

Warpy

(111,266 posts)

6. Exactly.

Reply to marylandblue (Reply #4)

Wed Aug 16, 2017, 04:01 PM

Aug 2017

He knows Pox will report it as his decision instead of a late and spiteful reaction to a fait accompli.

Yonnie3

(17,442 posts)

5. Mueller is coming for you little donnie ... all the tweets on the internet won't save you.

Reply to Eugene (Original post)

Wed Aug 16, 2017, 01:47 PM

Aug 2017

Unverified rumors of subpoenas served on Trump and Co.

His flip on the Alt-right and

now this after he tweeted yesterday that he had plenty of CEOs waiting.

All this winning! You are winning so bigly.

I'm going to actually watch Fox and Friends with you, lil' donnie, tomorrow morning and LMAO.

mahatmakanejeeves

(57,459 posts)

7. Schwarzman killed Trump's pro-biz panel. Informed POTUS in call, before tweet; WH declined comment

Reply to Eugene (Original post)

Wed Aug 16, 2017, 04:10 PM

Aug 2017

Last edited Wed Aug 16, 2017, 04:43 PM - Edit history (1)

Retweeted by David Fahrenthold: https://twitter.com/Fahrenthold

SOURCES: Schwarzman killed Trump's pro-biz panel. He informed POTUS in a call, before the tweet; WH declined comment

Link to tweet

Trump’s Business Councils Disband After CEOs Defect

Move follows Donald Trump’s controversial response to the recent violence in Charlottesville

By Emily Glazer, Sarah Krouse and Jonathan D. Rockoff

https://twitter.com/EmilyGlazerWSJ
https://twitter.com/bysarahkrouse
https://twitter.com/jonathanrockoff

Updated Aug. 16, 2017 3:21 p.m. ET

Two of President Donald Trump’s councils of top business leaders are disbanding following Tuesday’s controversial remarks by the president about the weekend’s violence in Virginia. ... Mr. Trump tweeted Wednesday that he was ending the White House council on manufacturing and the Strategic and Policy Forum.

One of the councils had planned to disband after a conference call of its executives on Wednesday morning, a person familiar with the matter said. Mr. Trump’s tweet came after reports that council was disbanding.

Blackstone Group LP Chief Executive Stephen A. Schwarzman, who led the Strategic and Policy Forum, phoned the president on Wednesday to inform him the group was being disbanded, according to people familiar with the call.

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

Link to tweet

After the call, which was described as cordial, the president tweeted that it was his decision to disband that council. In that tweet, he also announced he was disbanding the manufacturing-advisory council. ... A White House spokesman declined to comment.
....

—Michael C. Bender and Eli Stokols contributed to this article.
....

Write to Emily Glazer at emily.glazer@wsj.com, Sarah Krouse at sarah.krouse@wsj.com and Jonathan D. Rockoff at Jonathan.Rockoff@wsj.com

now all the pressure falls on your infrastructure council, which has also had zero meetings and done zero things.

Link to tweet

Retweeted by Jonathan Rocktoff: https://twitter.com/jonathanrockoff

By disbanding the biz advisory groups, Mr. Trump was sparing himself the humiliation of an executive exodus

Link to tweet

Bill Fishlore

(14 posts)

8. WTF? DJT OMG!

Reply to Eugene (Original post)

Wed Aug 16, 2017, 05:56 PM

Aug 2017

Big business CEOs bailing out on a Republican President who happens to be a Manhattan billionaire? What more is needed to wake America up to the reality that this guy is not qualified? What is wrong with our checks and balances? After all, we aren't talking about criminal conviction beyond a reasonable doubt or even civil conviction on the preponderance of the evidence, we are talking about our military Commander-in-Chief, the CEO of the executive branch and the Head of State who represents our country before the world. The standard for job performance as POTUS is higher than just "not guilty" or "not proven." The lives, the fortunes, and the sacred honor of over 300 million Americans are at grave risk with Trump as our head of state, head of our military, and administrative head of our government. What are the congressional politicians stalling about? They are playing cheap politics with the lives of all of us!

mahatmakanejeeves

(57,459 posts)

9. CEOs abandoning Trump

Reply to Eugene (Original post)

Thu Aug 17, 2017, 12:39 PM

Aug 2017

The 10-Point: @Gerardtbaker on CEOs abandoning Trump and more http://on.wsj.com/2wj5g9R
Sign up here: http://on.wsj.com/2uTqp6M

Link to tweet

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