Last edited Wed Aug 16, 2017, 04:43 PM - Edit history (1)
Retweeted by David Fahrenthold: https://twitter.com/Fahrenthold
SOURCES: Schwarzman killed Trump's pro-biz panel. He informed POTUS in a call, before the tweet; WH declined comment
Trumps Business Councils Disband After CEOs Defect
Move follows Donald Trumps controversial response to the recent violence in Charlottesville
By Emily Glazer, Sarah Krouse and Jonathan D. Rockoff
https://twitter.com/EmilyGlazerWSJ
https://twitter.com/bysarahkrouse
https://twitter.com/jonathanrockoff
Updated Aug. 16, 2017 3:21 p.m. ET
Two of President Donald Trumps councils of top business leaders are disbanding following Tuesdays controversial remarks by the president about the weekends violence in Virginia. ... Mr. Trump tweeted Wednesday that he was ending the White House council on manufacturing and the Strategic and Policy Forum.
One of the councils had planned to disband after a conference call of its executives on Wednesday morning, a person familiar with the matter said. Mr. Trumps tweet came after reports that council was disbanding.
Blackstone Group LP Chief Executive Stephen A. Schwarzman, who led the Strategic and Policy Forum, phoned the president on Wednesday to inform him the group was being disbanded, according to people familiar with the call.
Rather than putting pressure on the businesspeople of the Manufacturing Council & Strategy & Policy Forum, I am ending both. Thank you all!
After the call, which was described as cordial, the president tweeted that it was his decision to disband that council. In that tweet, he also announced he was disbanding the manufacturing-advisory council. ... A White House spokesman declined to comment.
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Michael C. Bender and Eli Stokols contributed to this article.
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Write to Emily Glazer at emily.glazer@wsj.com, Sarah Krouse at sarah.krouse@wsj.com and Jonathan D. Rockoff at Jonathan.Rockoff@wsj.com
now all the pressure falls on your infrastructure council, which has also had zero meetings and done zero things.
Retweeted by Jonathan Rocktoff:
https://twitter.com/jonathanrockoff
By disbanding the biz advisory groups, Mr. Trump was sparing himself the humiliation of an executive exodus