More CEOs Step Down From Trump's Manufacturing Council

20 Août, 2017, 01:38 | Author: Come Portier
  • Merck Chairman and CEO Kenneth Frazier participates in a session “The Future of Impact,” at the Clinton Global Initiative in New York. Frazier is resigning from the President’s American Manufacturing Council citing “a responsibility to take a sta

Still, the statement was attributed to an unnamed spokesperson, not to Trump himself.

Finally, early last evening, Intel's CEO Brian Krzanich announced he would leave that same advisory council. We remain resolute in our potential and ability to improve American manufacturing.

Plank said he would resign because he did not want to engage in politics.

Frazier is not the first pharma CEO to speak out against some of Trump's policies. A majority of them left after criticism mounted over the USA president's less-than-encouraging response to the weekend violence in Charlottesville, where a auto rammed into a crowd peacefully protesting against the rally by white supremacists, killing a 32-year-old woman.

"I feel a responsibility to take a stand against intolerance and extremism".

Trump responded on Twitter shortly after the announcement, saying now that Frazier resigned "he will have more time to lower ripoff drug prices".

At the group's first meeting in January, Trump shook Frazier's hand after the CEO talked up efforts to bring manufacturing jobs back to the US for a cancer drug.

The first CEO of a global company to distance himself from President Trump this weekend was Kenneth Frazier, the head of pharmaceutical giant Merck.

Trump has not said if who will join his council as replacements.

He is speaking in the Diplomatic Reception Room of the White House after meeting with Attorney General Jeff Sessions and Federal Bureau of Investigation director Christopher Wray about the race-fueled violence Saturday in Charlottesville, Virginia.

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Other top business leaders also spoke out in response to the violence in Charlottesville. We should honor-not attack-those who have stood up for equality and other cherished American values.

Goldman Sachs CEO Lloyd Blankfein tweeted: "Lincoln: 'A house divided against itself can not stand.' Isolate those who try to separate us". Just take a look at Carrier, who allowed Trump to claim that he saved hundreds of the company's jobs in the U.S. Several months later, layoffs occurred anyway.

Richard Trumka, president of the largest federation of US labor unions, the AFL-CIO, questioned the council's effectiveness and said the group was mulling leaving. "These were white supremacists and this was domestic terrorism".

"We've learned that as president, Mr Trump is behaving exactly as he did as a candidate", Mr Galston said.

Tesla chief executive Elon Musk and Disney chief executive Bob Iger stepped down from councils in June after Trump withdrew from the Paris Climate Accord.

Former Uber Technologies Inc CEO Travis Kalanick quit the business advisory council in February amid pressure from activists and employees who opposed the administration's immigration policies.

Trump has come under fire for his comments Saturday that "many sides" are to blame for the violence.

President Donald Trump is criticizing media coverage of his response to the racially charged violence in Charlottesville, Virginia, this weekend, saying the "Fake News Media will never be satisfied".

Trump on Saturday initially denounced what he called "this egregious display of hatred, bigotry and violence on many sides".

The council was designed to create American jobs by bringing together "the world's most successful and creative business leaders".


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