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The Week CEOs Bent the Knee to Trump


Published on 2024-12-14 17:00:55 - Wall Street Journal
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  • When Donald Trump arrived at the New York Stock Exchange this week for a postelection victory lap, dozens of influential executives lined up to catch a glimpse of the man who holds the future of their businesses in his hands.

The article from The Wall Street Journal discusses how former President Donald Trump, in his potential second term, might exert significant influence over corporate America. Trump has been engaging with CEOs and business leaders, signaling a more aggressive approach to corporate governance. He has criticized companies for what he perceives as "woke" policies, particularly around diversity, equity, and inclusion (DEI), and has suggested using regulatory powers to punish or reward companies based on their alignment with his political and social views. This includes potential changes to tax policies, trade agreements, and regulatory environments that could favor businesses that support his agenda. Trump's interactions with business leaders have been marked by a mix of charm and threats, aiming to align corporate America more closely with his political objectives. This approach has raised concerns among some executives about the implications for corporate autonomy and the potential for increased political interference in business operations.

Read the Full Wall Street Journal Article at:
[ https://www.wsj.com/politics/policy/donald-trump-ceos-corporate-influence-second-term-df1455f7 ]