Fifth leader resigns from Trump's manufacturing council


Fifth leader resigns from Trump's manufacturing council

Before we canonize Merck's chief executive, Kenneth C. Frazier, and the other business leaders who are now leaving a presidential business council, let's ask a simple question.

Plank is not specifically mentioning Trump or Charlottesville, but says his company will focus on promoting "unity, diversity and inclusion" through sports.

In a news conference, Trump said: "We condemn in the strongest possible terms this egregious display of hatred, bigotry and violence on many sides".

Though the other CEOs would shortly resign, Frazier was the only one Trump publicly criticized - notable because Frazier was also the only black CEO to resign.

Ahead of his presidency, Trump in December 2016 formed two groups of high-profile executives to advise him to restore the U.S. manufacturing industry - a hallmark of Trump's campaign.

"I resigned to call attention to the serious harm our divided political climate is causing to critical issues, including the serious need to address the decline of American manufacturing", Krzanich said in the blog post. "We must resign on behalf of America's working people, who reject all notions of legitimacy of these bigoted groups", Trumka said in the statement, calling Trump's most recent remarks "the last straw".

Mr Musk has also left the manufacturing council. It's the latest sign that corporate America's romance with Trump is faltering after his initial half-hearted response to violence by white supremacists in Charlottesville, Virginia.

Trump fired back at Frazier on Twitter, condemning the exit and again skirting the racial issue by saying now Frazier will "have more time to LOWER RIPOFF DRUG PRICES!"

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

Goldman Sachs CEO Lloyd Blankfein tweeted: "Lincoln: 'A house divided against itself can not stand.' Isolate those who try to separate us". Before he left the council, Krzanich tweeted "There should be no hesitation in condemning hate speech or white supremacy by name". On Monday, the president told media gathered at the White House ahead of an economic event that "racism is evil". Immelt was one of the executives on the manufacturing council who had earlier this week said he would stay.

After Trump announced in June that the USA would be leaving the Paris climate accord, both Tesla CEO Elon Musk and Disney CEO Bob Iger left his business advisory council.