Trump Is Making CEOs’ Business His Business

“In dealing with America’s biggest companies, the commander in chief has no qualms about acting as the micromanager in chief,” the Wall Street Journal reports.

“President Trump took his penchant for telling corporate bosses how to run their companies to another level Thursday by publicly calling on Intel’s chief executive to resign. The move wasn’t 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.”

Washington Post: America’s CEOs come to the White House bearing gifts and flattery.