World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Article
Trump’s business advisory councils disband as CEOs abandon president over Charlottesville views
Keywords:
Following the events in Charlottesville where a car drove into protesters, president Trump's remarks seemed to equate the actions of white supremacists to protesters. This has led to strong criticism from the business community with most business leaders withdrawing from the president's advisory councils from the business community- the Strategy and Policy Forum, and Manufacturing Council. This includes the CEO's of Johnson and Johnson, Merck, JP Morgan Chase, GM, GE, 3M, and other companies. In his response president Trump disbanded both councils. JP Morgan Chase CEO Dimon said of the president's remarks- 'Constructive economic and regulatory policies are not enough and will not matter if we do not address the divisions in our country." Members of these councils had hoped to use their presence to have a voice. Yet by August 2017, 6 months into the Trump administration this appears to be changing, with CEO's of many companies expressing the view that the Republican policies favoring business would not matter if the basic consensus on tolerance and openness and what the U.S. stands for is allowed to deteriorate.
Donald Trump's economic advisory team with John Paulson, and many businessmen from the hedge funds and financial industry- at odds with the image of being with Main Street
08/05/2016
The 2008 financial crisis hurt the prospects of older white Americans who faced higher unemployment. It also led to the rescue of the financial industry and rates dropping to zero hurting the savings of ordinary Americans, and as the FDIC's Sheila Bair pointed out not much done to rescue homeowners under water. During the 2008 election candidates John McCain and Barrack Obama, both had connections to the real estate and financial industry, to lobbyists for Fannie Mae and Freddie Mac, as cited in the media. This time is no different with Clinton and Trump both having connections to Wall Street yet seeking the support of ordinary Americans hurt by the 2008 financial crisis. The only difference is that Clinton faces a movement within her party led by Bernie Sanders that calls for a different approach this time. There is also little difference between the economic team that Jeb Bush put together in its connections to Wall Street with Columbia University Business School Dean Hubbard and that of Trump.
Grouped Articles
Donald Trump’s new team of billionaire advisers could threaten his populist message
Washington Post 08/05/2016
Donald Trump, Hillary Clinton Spar Over Economic Proposals
WSJ 08/09/2016
Trump’s Empire: a Maze of Debts and Opaque Ties
The New York Times 08/20/2016
If Trump Gets His Way, Real Estate Will Get Even More Tax Breaks
The New York Times 09/01/2016
Where Hillary Clinton and Donald Trump Stand on Wall Street
WSJ 09/16/2016
New Clinton, Trump budget numbers
POLITICO 09/22/2016
The Koch brothers and the candidates Trump, Cruz, Clinton in the 2016 presidential campaign- Trump's comments described as "monstrous" and Hillary a better candidate
04/24/2016
Charles Koch says he is aghast at the way Trump suggested having Muslims register, sort of like Nazi Germany he says, in an intervew with Stephanpoulos of ABC News. He also disliked the phrase "carpet bombing of ISIS" by Ted Cruz. In this intervew Cruz says Bil Clinton did better than George W. Bush in controlling the federal budget, and adds that Hillary Clinton would make a better president than either Trump or Cruz.
Grouped Articles
Washington Post 04/24/2016
Hillary Clinton Says ‘Radical Fringe’ Is Taking Over G.O.P. Under Donald Trump
The New York Times 08/25/2016
Trump’s business advisory councils disband as CEOs abandon president over Charlottesville views
Washington Post 08/16/2017
Trump and the CEOs: Behind the Collapse of an Uneasy Alliance
WSJ 08/20/2017
Billionaire Koch brothers take on Trump
BBC News 06/05/2018
Wilbur Ross, business turnaround executive, as the new Commerce Secretary in the Trump administration
11/30/2016
Grouped Articles
Donald Trump to Name Wilbur Ross as Commerce Secretary, Transition Official Says
WSJ 11/29/2016
Trump’s Economic Cabinet Picks Signal Embrace of Wall St. Elite
The New York Times 12/01/2016
Seduced and Betrayed by Donald Trump
The New York Times 12/02/2016
The White House’s claim that 800,000 manufacturing jobs were added during Obama’s presidency
Washington Post 12/09/2016
Donald Trump’s Recent Policy Reversals Reflect Business Influence
WSJ 04/14/2017
Wilbur Ross’s Cool Explanation of Trump’s Heated Trade Talk
WSJ 06/19/2017
Trump policy advisors
03/22/2016
Grouped Articles
Top Experts Confounded by Advisers to Donald Trump
New York Times 03/22/2016
In Donald Trump’s Worldview, America Comes First, and Everybody Else Pays
New York Times 03/26/2016
Trump’s business advisory councils disband as CEOs abandon president over Charlottesville views
Washington Post 08/16/2017
The disbanding of Trump business advisory groups in August 2017- Manufacturing Council, Strategy and Policy Forum
08/16/2017
Grouped Articles
Trump’s business advisory councils disband as CEOs abandon president over Charlottesville views
Washington Post 08/16/2017
Trump Ends C.E.O. Advisory Councils as Main Group Acts to Disband
The New York Times 08/16/2017
Trump Defends Initial Remarks on Charlottesville; Again Blames ‘Both Sides’
The New York Times 08/15/2017
Unlike His Predecessors, Trump Steps Back From a Moral Judgment
The New York Times 08/16/2017
With New Remarks on Charlottesville, Trump Leaves Himself Isolated
WSJ 08/16/2017
Trump Says ‘Both Sides’ to Blame in Charlottesville Violence
WSJ 08/16/2017
Trump and California tech business
12/15/2016
Grouped Articles
‘I’m Here to Help,’ Trump Tells Tech Executives at Meeting
The New York Times 12/14/2016
12/19/2016
Trump’s business advisory councils disband as CEOs abandon president over Charlottesville views
Washington Post 08/16/2017
Trump and the CEOs: Behind the Collapse of an Uneasy Alliance
WSJ 08/20/2017
Republican 2016 presidential candidate Donald Trump's years in business
08/07/2015
Grouped Articles
Washington Post 08/11/2015
Donald Trump and the Art of the Public Sector Deal
New York Times 09/18/2015
Donald Trump Forges New Blue-Collar Coalition Among Republicans
Wall Street Journal 12/05/2015
Trump and His Debts: A Narrow Escape
Wall Street Journal 01/04/2016
What Donald Trump’s Plaza Deal Reveals About His White House Bid
New York Times 01/16/2016
From the Tower to the White House
Economist 03/24/2016
Goldman Sachs and the Trump administration- Steven Mnuchin at Treasury, Gary Cohen at the National Economic Council, and Bannon as advisor
12/09/2016
Grouped Articles
Goldman Sachs No. 2 Seen as a Top Economic Adviser to Trump
The New York Times 12/09/2016
Goldman President Named Trump Adviser, Opening Door for Younger Executives
The New York Times 12/12/2016
Aging Population, Stagnant Productivity Challenge Donald Trump’s Growth Plan
WSJ 12/04/2016
A Financial Mystery Emerges. Its Name? Steven T. Mnuchin Inc.
The New York Times 01/11/2017
Treasury Pick Steven Mnuchin, Like His Would-Be Boss Donald Trump, Followed His Own Rules
WSJ 01/17/2017
Mnuchin Says U.S. Is Seeking to Avoid Trade Wars
WSJ 03/16/2017
Gary Cohn, head of the National Economic Council in the Trump administration, as key Trump economic adviser
04/14/2017
Grouped Articles
Donald Trump’s Recent Policy Reversals Reflect Business Influence
WSJ 04/14/2017
Trump Plans to Seek Tax Rate of 15% on Owner-Operated Companies
WSJ 04/25/2017
Trump’s business advisory councils disband as CEOs abandon president over Charlottesville views
Washington Post 08/16/2017
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us