Thursday, Aug. 17, 2017

The Daily

The New York Times

Daily News, News

4.3 • 107.6K Ratings

🗓️ 17 August 2017

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

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Summary

Upset by policies on immigration and climate change and by President Trump’s initial response to the violence in Charlottesville, Va., the leaders of major American companies began to drop one by one from presidential advisory councils. After Mr. Trump again equated far-right hate groups with the groups protesting them, the chief executives moved to cut ties with the president who rose to fame as a businessman. Guest: Andrew Ross Sorkin, a financial columnist for The Times. For more information on today’s episode, visit nytimes.com/thedaily.

Transcript

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0:00.0	From the New York Times, I'm Michael Barbaro.
0:02.6	This is the deal.
0:08.2	Today, one by one, executives from some of the country's biggest and most powerful companies
0:15.1	were dropping from the president's advisory councils.
0:18.4	Then came the press conference.
0:20.6	How the nation's top CEOs quickly and decisively voted to cut ties with the CEO president.
0:28.4	It's Thursday, August 17th.
0:34.2	I think I knew even over the weekend from a number of people on that council that they were upset.
0:41.6	I mean, so many of them were outraged and I had had sort of some back and forth with them.
0:46.5	I didn't think they were going to do anything about it.
0:49.0	And in fact, I was to some degree sort of surprised.
0:52.4	Over the past few days, Andrew Rosssorken has been tracking members of the president's business council
0:59.5	as they grew increasingly upset with his response to the violence in Charlottesville.
1:10.2	Why did you think that? Why did you think they weren't going to do anything?
1:12.9	Because they openly or now so openly, but at least privately talk about the fear that Donald Trump
1:18.4	is going to go after them on Twitter.
1:19.6	And even more than Twitter.
1:21.6	I mean, I think that a lot of them either have direct business with the government
1:26.8	or he's going to say something, the consumers or this is just become so political for them.
1:31.7	And a lot of them want to keep their head down.
1:33.6	Making headlines right now, Merck CEO Ken Frazier announcing he is resigning from President
1:38.2	Trump's American manufacturing council in a statement posted on Twitter.
	...

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