p Trump’s business advisory councils disband as chief executives repudiate president over Charlottesville views

The following article by Damian Paletta and Jena McGregor was posted on the Washington Post website August 16, 2017:

President Trump, with Senior Advisor Jared Kurshner, left, and Kenneth Frazier, Merck & Co., right, meets with manufacturing CEOs at the White House in February. (Photo by Melina Mara/The Washington Post)

President Trump’s relationship with the American business community suffered a major setback on Wednesday as the president was forced to shut down his major business advisory councils after corporate leaders repudiated his comments on the violence in Charlottesville this weekend.

Trump announced the disbanding of the two councils — the Strategy & Policy Forum and the Manufacturing Council, which hosted many of the top corporate leaders in America — amid a growing uproar by chief executives furious over Trump’s decision to equate the actions of white supremacists and protesters in remarks Tuesday at Trump Tower.

But those groups had already decided to dissolve on their own earlier in the day, a person familiar with the process said. JP Morgan Chase chief executive Jamie Dimon, a member of the “Strategy & Policy Forum,” told employees in a note on Wednesday that his group decided to disband following Trump’s bizarre press conference on Tuesday, in which he appeared to show sympathy for some of the people who marched alongside the neo-Nazis and white supremacists in Charlottesville. Continue reading “p Trump’s business advisory councils disband as chief executives repudiate president over Charlottesville views”