Washington Post — By Damian Paletta and Jena McGregor August 16, 2017
President Trump’s relationship with the American business community suffered a major setback on Wednesday as the president was forced to shut down his major business advisory councils after corporate leaders repudiated his comments on the violence in Charlottesville this weekend.
Trump announced the disbanding of the two councils — the Strategy & Policy Forum and the Manufacturing Council, which hosted many of the top corporate leaders in America — amid a growing uproar by chief executives furious over Trump’s decision to equate the actions of white supremacists and protesters in remarks he made at Tuesday at Trump Tower.
But those groups had already decided to dissolve on their own earlier in the day, a person familiar with the process said. JP Morgan Chase chief executive Jamie Dimon, a member of the Strategy & Policy Forum, told employees in a note on Wednesday that his group decided to disband following Trump’s news conference on Tuesday, in which he appeared to show sympathy for some of the people who marched alongside the neo-Nazis and white supremacists in Charlottesville.
“Constructive economic and regulatory policies are not enough and will not matter if we do not address the divisions in our country,” Dimon wrote his employees. “It is a leader’s role, in business or government, to bring people together, not tear them apart.
Earlier Wednesday, the chief executives of Campbell Soup and the conglomerate 3M resigned from the manufacturing council. “Racism and murder are unequivocally reprehensible and are not morally equivalent to anything else that happened in Charlottesville,” Campbell Soup chief executive Denise Morrison said. “I believe the president should have been — and still needs to be — unambiguous on that point.”
Link to Washington Post article: https://www.washingtonpost.com/news/on-leadership/wp/2017/08/16/after-wave-of-ceo-departures-trump-ends-business-and-manufacturing-councils/?hpid=hp_hp-top-table-main_trumpcouncil-130pm%3Ahomepage%2Fstory&utm_term=.5d387d02ca21