"In the end, I have concluded that Johnson & Johnson has a responsibility to remain engaged, not as a way to support any specific political agenda, but as a way to represent the values of Our Credo as crucial public policy is discussed and developed", Johnson & Johnson CEO Alex Gorsky said in a statement.
CORNISH: But also today, more members of a White House council on manufacturing said they were stepping down after observing President Trump's response to the violence in Charlottesville, Va. NPR's Jim Zarroli has more.
"A lot of them went onto them thinking this is a pro-business president and we have an opportunity to influence what's going on", said Bill George, former CEO of Medtronic and Harvard Business School professor via Mercury News.
The CEOs of athletic wear manufacturer Under Armour, computer chip maker Intel and pharmaceutical company Merck resigned Monday from the White House's American Manufacturing Council - with the Merck withdrawal drawing a quick and angry Twitter outburst from President Donald Trump.
Frazier, who grew up in a poor neighborhood in Philadelphia, resigned from the manufacturing advisory council days after one person was killed and others wounded in violent clashes between white supremacists and protesters. He lashed out nearly immediately at Frazier, saying on Twitter that he will now "have more time to LOWER RIPOFF DRUG PRICES!"
Plank and Frazier are not the only ones who have resigned from a federal advisory council this year.
No matter what you think about the reason Frazier gave for leaving a key White House business advisory group, the president should get his facts right, Cramer said on "Squawk on the Street." . Trump ends councils with a Tweet.
Mr. Plank was caught in a social media firestorm after a television interview in February in which he said he respected President Trump's willingness to make bold decisions and praised him as "a real asset to the country". "If I can say the leadership is not in line with my core values, then there is no amount of money, there is no platform I wouldn't jump off if it wasn't in line with who I am".
Richard Trumka, president of the largest federation of US labour unions, the AFL-CIO, questioned the council's effectiveness and said the group was mulling leaving. "He knows only one mode: When attacked, hit back harder".
Intel chief Brian Krzanich also announced his departure from the panel in a blunt statement which said he wanted to "call attention to the serious harm our divided political climate is causing to critical issues".
At a news conference Tuesday in New York, Trump said "both sides" were to blame for the deadly violence. The groups are supposed to meet occasionally to offer the president advice on job growth.