• Trump disbands business councils after CEOs quit in protest

    17 Aug 2017 | Economic News

President Donald Trump disbanded two high-profile business advisory councils on Wednesday after several chief executives quit in protest over his remarks blaming weekend violence in Virginia not only on white nationalists but also on anti-racism activists who opposed them.

Trump said he would dissolve the American Manufacturing Council and the Strategic and Policy Forum after eight executives including Campbell Soup Co CEO (CPB.N) Denise Morrison and 3M Co CEO (MMM.N) Inge Thulin quit the panels.

Few public figures have voiced support for Trump over his response to the violence. Vice President Mike Pence, who is cutting short a trip to Latin America, told reporters in Chile that "I stand with the president and I stand by those words." Former Ku Klux Klan leader David Duke praised Trump's "honesty and courage." Richard Spencer, head of a white nationalist group, lauded the president for "speaking the truth."

Reference: Reuters

Read More: http://www.reuters.com/article/us-usa-trump-idUSKCN1AW0AN



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