Trump Business Advisory Council to Disband
August 16 2017 - 1:50PM
Dow Jones News
By Emily Glazer
One of President Donald Trump's councils of top business leaders
is planning to disband, following controversial remarks made by Mr.
Trump on Tuesday, according to a person familiar with the
matter.
On Wednesday morning, Blackstone Group LP Chief Executive
Stephen A. Schwarzman, who leads the Strategic and Policy Forum,
organized a conference call for its members, this person said.
On the call, executives at some of the biggest companies
discussed how to proceed, ultimately deciding to disband the
council, this person said. Several said they would have planned to
leave otherwise, this person said.
the New York Times earlier reported the debate around the
council. CNBC earlier reported that the council planned to
disband.
The council, a group of executives tapped to advise the
president on how government policy affects business and the
economy, includes J.P. Morgan Chase & Co. Chief James Dimon,
BlackRock Inc. Chief Laurence D. Fink and International Business
Machines Corp. chief Ginni Rometty, among others across
industries.
Meanwhile the chief executives of 3M Co. and Campbell Soup Co.
on Wednesday became the latest corporate leaders to leave a
separate White House council on manufacturing after President
Donald Trump's responses to the recent violence in Charlottesville,
Va.
Write to Emily Glazer at emily.glazer@wsj.com
(END) Dow Jones Newswires
August 16, 2017 13:35 ET (17:35 GMT)
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