Tuesday, August 15, 2017

CEOs who have withdrawn from a White House advisory council grew to FIVE TODAY

The number of members who have withdrawn from a White House advisory council grew to five, and executives including Wal-Mart Stores Inc. WMT 0.09% Chief Executive Doug McMillon criticized the president’s initial unwillingness to specifically denounce the racist hate groups that rallied in Charlottesville over the weekend.

The fallout is testing already-tense relations between the White House and corporate executives, many of whom face new pressures from employees, consumers and activists to take stands on social and political issues. At times, those issues have put them in direct opposition with a president whose pro-business agenda they are also seeking to shape.

President Donald Trump’s response to the weekend violence in Charlottesville, Va., has sparked soul-searching in U.S. corporate boardrooms over whether they should keep working closely with the White House…

Source: CEOs Rethink Alliances With White House – WSJ


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