What every member of Trump’s business councils has said this week

Thu Aug 17 2017
Lucy Harlow (4124 articles)
What every member of Trump’s business councils has said this week

Eight people have left President Trump’s manufacturing council in recent days amid the extraordinary uproar sparked by the violence in Charlottesville.

Others have opted to stay, even under pressure from grassroots groups. Some argue it’s more valuable to have a seat at the table when the government is shaping policy that affects their companies.

The names of the members below come from official White House lists published at the time each group was announced. CNNMoney has reached out to all the members of the manufacturing panel, and a second presidential council on the economy, to ask where they stand.

This list will be updated as developments require or new information comes in.

Manufacturing Jobs Initiative

Formed in January to advise Trump on job growth in manufacturing.

Executives no longer on the council:

Ken Frazier, Merck. Resigned after Trump’s response to the violence in Charlottesville, Virginia.
Brian Krzanich, Intel. Resigned after Charlottesville.
Kevin Plank, Under Armour. Resigned after Charlottesville.
Scott Paul, Alliance for American Manufacturing. Resigned after Charlottesville.
Richard Trumka and Thea Lee, AFL-CIO. Resigned after Charlottesville.
Inge Thulin, 3M. Resigned after Charlottesville.
Denise Morrison, Campbell Soup. Resigned after Charlottesville.
Elon Musk, SpaceX and Tesla. Resigned in June after Trump pulled U.S. out of Paris climate agreement.
Mario Longhi, former CEO of U.S. Steel. Stepped down as CEO in May; company said it is no longer represented.
Mark Fields, former CEO of Ford. Replaced as CEO in May; company said it is no longer represented.

Executives who have said they are staying:

Jeff Immelt, GE.
Andrew Liveris, Dow Chemical.
John Ferriola, Nucor.
Jeff Fettig, Whirlpool.
Mark Sutton, International Paper.
Michael Dell, Dell.
Dennis Muilenburg, Boeing.
Michael Polk, Newell Brands.

Executives who declined comment or have not responded to CNNMoney:

Marilynn Hewson, Lockheed Martin. Declined to comment.
Bill Brown, Harris Corporation. Declined to comment.
Alex Gorsky, Johnson & Johnson.
Greg Hayes, United Technologies.
Jim Kamsickas, Dana.
Rich Kyle, Timken.
Wendell Weeks, Corning.

(Note: Klaus Kleinfeld, Arconic, and Doug Oberhelman, Caterpillar, were listed as members of the jobs group. Both have left their companies and it is not yet clear whether they were replaced.)

President’s Strategic and Policy Forum

This economic advisory group was created in December. Officials said Trump would call upon them to share experience and knowledge as he implements his economic agenda.

Executives who have left the group:

Travis Kalanick, Uber. Dropped out in February after Trump’s travel ban order.
Musk, of SpaceX and Tesla. Resigned in June because of Trump’s Paris climate decision.
Bob Iger, Disney. Resigned in June because of the Paris decision.

Executives who have said they are staying:

Mary Barra, General Motors.
Mark Weinberger, EY.
Adebayo “Bayo” Ogunlesi, Global Infrustructure Partners.
Toby Cosgrove, Cleveland Clinic.
Doug McMillon, Wal-Mart.

Executives who released statements about Charlottesville but did not explicitly mention their council roles:

Stephen Schwarzman, Blackstone.
Indra Nooyi, PepsiCo.
Jamie Dimon, JPMorgan Chase.

Executives who declined comment or have not responded to CNNMoney:

Paul Atkins, Patomak Global Partners and a former commissioner of the Securities and Exchange Commission.
Larry Fink, BlackRock.
Rich Lesser, Boston Consulting Group.
Ginni Rometty, IBM.
Jim McNerney, the former CEO of Boeing.
Daniel Yergin, a Pulitzer Prize winner and the vice chairman of IHS Markit. Wasn’t available for comment Tuesday.
Kevin Warsh, the Shepard Family Distinguished Visiting Fellow in Economics at the Hoover Institute at Stanford University and the former member of Board of Governors of the Federal Reserve. Stanford said Warsh wasn’t available to comment.
Jack Welch, GE’s former chairman and CEO. Wasn’t available for comment Tuesday.

Lucy Harlow

Lucy Harlow

Lucy Harlow is a senior Correspondent who has been reporting about Equities, Commodities, Currencies, Bonds etc across the globe for last 10 years. She reports from New York and tracks daily movement of various indices across the Globe