Published: Fri, August 18, 2017
Business | By Max Garcia

CIO Resigns From Trump's Manufacturing Council

CIO Resigns From Trump's Manufacturing Council

Four chief executives have resigned from the White House manufacturing council in protest of the president's failure to immediately condemn white supremacists and other hate groups after deadly violence last weekend in Charlottesville, Virginia.

Trump returned to blaming "both sides", apparently meaning white supremacist and radical leftist groups, for the violence Saturday in Charlottesville, Va., which left one woman dead from an attack by a auto allegedly driven by a white supremacist.

"President Trump's remarks today repudiate his forced remarks yesterday about the KKK and neo-Nazis", Trumka said in a statement posted to Twitter.

"America's leaders must honor our fundamental values by clearly rejecting expressions of hatred, bigotry and group supremacy, which run counter to the American ideal that all people are created equal", Frazier said in a statement.

The president responded on Twitter, slamming the pharmaceutical executive's decision.

Tesla CEO Elon Musk resigned from the manufacturing council in June, and two other advisory groups to the president, after the US withdrawal from the Paris climate agreement. Some corporate officials who did not resign earlier in the week issued statements critical of Mr. Trump.

In remarks Tuesday in New York City, Trump seemed to defend some people marching with white supremacists in Charlottesville, Virginia.

I'm resigning from the Manufacturing Jobs Initiative because it's the right thing for me to do.

Of his departure, Trump replied, "Now that Ken Frazier of Merck Pharma has resigned ... he will have more time to lower ripoff drug prices!"

Kevin Plank, the CEO of Under Armour, quit the council later in the day. He said he would "continue to focus my efforts on inspiring every person that they can do anything through the power of sport which promotes unity, diversity and inclusion". Walt Disney Co. Chairman and CEO Bob Iger resigned for the same reason from the President's Strategic and Policy Forum, which Trump established to advise him on how government policy impacts economic growth and job creation.

-10:32 p.m.:Intel CEO Brian Krzanich resigns.

Trump called the CEOs who departed "grandstanders", and in his Q&A with reporters on Tuesday, said that "some of the folks that will leave, they're leaving out of embarrassment because they make their products outside and I've been lecturing them". And at a certain point, a resignation starts to look less like a principled stand and more like a capitulation to public pressure ― particularly for a guy who, not even a year ago, called Trump "an anti-American bigot".

Among the many high-profile industry titans on the council in January were Denise Morrison of Campbell Soup Company, Jeff Immelt of General Electric and Elon Musk of Tesla.

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