President Trump’s relationship with the American business community suffered a major setback on Wednesday as the president was forced to shut down his major business advisory councils after corporate leaders repudiated his comments on the violence in Charlottesville this weekend.
A slew of corporate chieftans announced they were resigning from the councilsl in recent days after they said Trump was slow to condemn white supremacy groups.
On Twitter, Trump said it was his decision to disband both councils. “Rather than putting pressure on the businesspeople of the Manufacturing Council & Strategy & Policy Forum. I am ending both,” he tweeted.
The dissolution of the council is a major setback for a president who had cast himself as a business leader who could bring greater prosperity to companies and the economy.
This piece was originally published at the Washington Post.