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PBS News Hour - Segments

How CEOs of major companies are trying to gain favor with Trump

PBS News Hour - Segments

PBS NewsHour

News, Daily News

4.11K Ratings

🗓️ 16 December 2024

⏱️ 6 minutes

🧾️ Download transcript

Summary

During a press conference Monday, President-elect Trump discussed how CEOs and business leaders from Wall Street to Silicon Valley are rushing to meet with him and build personal relationships in the weeks before his inauguration. Trump took note of just how different a tone it has been compared to 2016. To break down why, Geoff Bennett spoke with Brian Schwartz of The Wall Street Journal. PBS News is supported by - https://www.pbs.org/newshour/about/funders

Transcript

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0:00.0

During his press conference today, President-elect Trump also discussed how CEOs and business leaders from Wall Street to Silicon Valley

0:08.0

are rushing to meet with him and build personal relationships in the weeks before his inauguration.

0:13.0

Mr. Trump took note of just how different a tone it has been compared to 2016.

0:18.0

The first term, everybody was fighting me.

0:20.0

In this term, everybody wants to be my friend.

0:22.6

People want to get along with me this time.

0:24.6

Well, they've gone through four years, and, you know, it wasn't easy for me, but it wasn't

0:28.6

easy for them either.

0:30.6

And that's a great thing, though.

0:31.6

Getting along is a great thing.

0:32.6

To break down why, we're joined now by Brian Schwartz, White House Economic Policy Reporter at the Wall Street Journal.

0:39.1

Thanks for being with us.

0:40.2

Thanks for having me.

0:41.1

So you actually wrote about this for the Wall Street Journal in a piece with the headline,

0:45.3

The Week CEOs Bent the Knee to Trump.

0:48.4

Whether it's Apple CEO Tim Cook, Mark Zuckerberg of Facebook, Amazon's Jeff Bezos. What are these CEOs hoping to gain or perhaps

0:57.5

trying to prevent? Well, it's those few and many more have been reaching out and engaging with

1:03.7

Donald Trump since his election day victory, along with his advisors, right? And, you know,

1:09.1

most of it, it feels like this kind of first move to cozy

1:13.5

up to Trump as he prepares to be sworn in his president. But when you talk to people privately

1:19.9

about this, you know, many executives have concerns over Trump's proposed tariff policies.

1:26.0

He's been talking about that throughout the campaign.

...

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