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Following a number of CEOs pulling out of President Trump's American Manufacturing Council and Strategic and Policy Forum, President Trump tweeted that the initiatives have been ended:
Rather than putting pressure on the businesspeople of the Manufacturing Council & Strategy & Policy Forum, I am ending both. Thank you all!
The CEOs of Merck, Intel, 3M, and other companies had already left:
3M Co. Chief Executive Officer Inge Thulin stepped down from the White House's manufacturing council, adding to the corporate exodus as the backlash grows to President Donald Trump's ambivalent response to racially-charged violence in Virginia over the weekend.
Thulin joined the White House panel in January "to advocate for policies that align with our values and encourage even stronger investment and job growth -- in order to make the United States stronger, healthier and more prosperous," the CEO said Wednesday in a statement tweeted by 3M. "After careful consideration, I believe the initiative is no longer an effective vehicle for 3M to advance these goals."
Update: The members of the Strategic and Policy Forum reportedly disbanded the group before President Trump's tweet:
The quick sequence began late Wednesday morning when Stephen A. Schwarzman, the chief executive of the Blackstone Group and one of Mr. Trump's closest confidants in the business community, organized a conference call for members of the president's Strategic and Policy Forum. On the call, the chief executives of some of the largest companies in the country debated how to proceed. After a discussion among a dozen prominent C.E.O.s, the decision was made to abandon the group altogether, said people with knowledge of the details of the call.
Also at Bloomberg:
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 break up. [...] Trump appeared to be making an effort to get ahead of the news as the councils began to disintegrate. The strategy forum, which is led by Blackstone Group LP's Stephen Schwarzman, planned to inform the White House Wednesday before making the announcement public, according to another person familiar with the matter, who wasn't authorized to discuss the news publicly.
(Score: 2) by Grishnakh on Thursday August 17 2017, @01:41AM (5 children)
If they hate big business with a passion, they sure aren't showing it at the voting booth. "Voting is as voting does" as Forrest Gump might say... or "you get what you vote for".
(Score: 3, Interesting) by The Mighty Buzzard on Thursday August 17 2017, @11:39AM (4 children)
The problem there is they hate progressives more. If you want to know why... well that's another huge argument all in itself.
My rights don't end where your fear begins.
(Score: 3, Touché) by Grishnakh on Thursday August 17 2017, @01:45PM (3 children)
Yeah, basically it comes down to: they'll happily vote to fuck themselves over economically just so that they can hope to push their crappy social and religious values on everyone.
(Score: 2) by The Mighty Buzzard on Thursday August 17 2017, @03:37PM (2 children)
A) The religious right hasn't had significant political power or even a noteworthy lobbying lineup since Reagan, try again.
B) The definition of conservative precludes pushing *new* anything on anyone. They want the status quo socially.
C) No Democrat President in most voters' lifetimes has done anything to markedly help the economy. At least the conservatives can look back to Reagan.
See, I am not a conservative but I do at least understand them. You seem to lack that capability.
My rights don't end where your fear begins.
(Score: 0) by Anonymous Coward on Thursday August 17 2017, @04:23PM (1 child)
Holy sweet jesus!!!! You are 100% certifiable. Vast majority of Republicans are religious, and they've controlled significant amounts of power multiple times. You are a brain dead fucking idiot. How do you live with yourself?
(Score: 2) by The Mighty Buzzard on Saturday August 19 2017, @09:19PM
There is a huge difference between being religious and wanting to push your religion down someone else's throat. Learn it and you won't look like a fool as badly in the future.
My rights don't end where your fear begins.