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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMicromanager Trump tells CEOs he's the Boss
In dealing with Americas biggest companies, the commander in chief has no qualms about acting as the micromanager in chief.
President Trump took his penchant for telling corporate bosses how to run their companies to another level Thursday by publicly calling on Intels chief executive to resign. The move wasnt out of character: Trump has told Detroit carmakers not to raise prices and demanded Walmart eat the tariffs. He has pressured the Washington Commanders football team to change its name and wants Coca-Cola to use cane sugar instead of corn syrup.
All of that intervention is creating a risk for business leaders who thought they had largely figured out the Trump playbook. Public flattery and splashy U.S. investment announcements were supposed to placate the president and keep companies out of his Truth Social posts. Instead, the Republican is weighing in on business decisions in unprecedented ways, in industries from pharmaceuticals to banking and manufacturing.
Now that the president has called for the head of one CEO, the fear is that he will target others who displease him, executives and corporate advisers say.
https://www.msn.com/en-us/money/news/trump-is-making-ceos-business-his-business/ar-AA1K7B0c
A trustafarian realtor is not the same as a CEO. Stay in your lane slobfather.
Irish_Dem
(82,361 posts)Keep paying Trump all the bribes you want.
He is still going to screw you over.
DBoon
(25,148 posts)Fascism should more properly be called corporatism because it is the merger of state and corporate power. Benito Mussolini
Initech
(109,269 posts)hildegaard28
(792 posts)They expect from a dictator? They better plot a coup against him before he tries a government takeover of all their businesses. Before you know it, they'll be forced to give Trump and the Federal Government and ownership share in their companies. Nothing like the party that regularly gins up fear of Communism bringing it to our doorstep.
Ocelot II
(131,241 posts)What do they call it when the government controls the means of production and distribution? Can't quite put my finger on it.....
Demovictory9
(37,113 posts)
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