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But final week appeared to be a breaking level. Big enterprise may evidently tolerate working with Mr. Trump regardless of his chauvinism, his flirtations with white nationalism and his claims of impunity, however the president’s obvious willingness to undermine democracy itself seemed to be a step too far.
“This thing was a little different. I mean, we had sedition and insurrection in D.C.,” stated Jamie Dimon, the chief government of JPMorgan Chase. “No C.E.O. I know condones that in any way shape or form. We shouldn’t have someone, you know, gassing up a mob.”
The fallout has been swift. After the president exhorted his supporters to march on the Capitol, chief executives used their strongest language thus far to repudiate Mr. Trump, and a few of his longtime allies have walked away. Ken Langone, the billionaire co-founder of Home Depot and an ardent supporter of the president, renounced Mr. Trump, telling CNBC, “I feel betrayed.”
Twitter, Facebook and YouTube have banned or suspended Mr. Trump’s accounts. Amazon, Apple and Google have minimize ties with Parler, a messaging app fashionable amongst his supporters.
Charles Schwab, the brokerage agency based by a Republican who supported Mr. Trump, stated it will shut down its political motion committee altogether. And many firms, together with the U.S. Chamber of Commerce, have sought to punish Mr. Trump’s supporters in Congress by depriving them of essential funds.
“For those members of Congress that were involved in helping to incite the riot, and support the riot, there’s going to be consequences, no question about it,” stated Ed Bastian, chief government of Delta Air Lines.
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