Major CEO’s Refusing To Work With Trump

Gage Skidmore from Surprise, AZ, United States of America, CC BY-SA 2.0 , via Wikimedia Commons

( –  On Sunday, it was reported that according to a campaign contributions analysis, there is no CEO of a Fortune 100 company that has donated funds to former President Donald Trump.

The Yale School of Management compiled the data under the leadership of Professor Jeffery Sonnenfeld. According to the data collected around two-thirds of Fortune 100 CEOs have identified as Republicans, however, this affiliation has usually not resulted in them providing support for Trump.

Sonnenfeld in the piece noted that while in 2016 Trump might have been able to win voters over with strategy, that position has not done a lot to boost Trump’s image with the business community. He noted that during his time in office, Trump had worked with several chief executives and many had also celebrated his efforts to cut the corporate tax rate. Still, they remain wary of him as they head to the next election.

Sonnenfeld also pointed out that while at times the GOP has been perceived as the party of big business or the rich, Trump’s populist messaging is more aligned with Sen. Bernie Sanders, I-Vt., rather than with those of conservatism. As he noted, the top corporate leaders in the world today are not comfortable with either Trump or President Joe Biden. He added that while for the most part, they can tolerate one of the two, the other one is someone they “truly fear.” He added that many of the policies implemented by Trump including the import tariff of 10 percent, or taking away the Federal Reserve Board’s independence are moves that are more in line with Karl Marx than Adam Smith.

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