Among Trump’s most outspoken critics: corporate CEOs, who resigned from White House advisory councils and issued vehement statements breaking with the president.
But when the Center for Public Integrity this month asked nearly four dozen large public companies whether they would continue making contributions to funds or political committees related to the Trump administration, none would commit to withholding money from Trump going forward.
That list included several companies with CEOs who stepped down from Trump advisory bodies to protest the president’s comments after the Charlottesville violence, or who have publicly pilloried Trump’s other policies, such as those on immigration or climate change.
Many companies, including Coca-Cola and Qualcomm, didn’t respond to questions. Others, such as Amgen and Exxon, referred the Center for Public Integrity to their political giving, lobbying and advocacy policies. A few said contributions to Trump’s inauguration shouldn’t be considered the same as direct political support, such as funding a presidential campaign.
(All corporate contributions or corporate political action committee contributions reviewed by the Center for Public Integrity were made prior to the events in Charlottesville to Trump’s inaugural committee, to Trump’s presidential transition entity or to Vice President Mike Pence’s recently formed leadership PAC.)
JPMorgan Chase Chairman and CEO Jamie Dimon is among business leaders who explicitly condemned racism after the Charlottesville violence and said he disagreed with Trump’s reaction to it. He also stepped down from a position in which he advised Trump.
“There is no room for equivocation here,” wrote Dimon, who also leads the Business Roundtable, a high-profile Washington-based group made up of “chief executive officers of America’s leading companies” — and at least in that capacity is likely to continue to weigh in on government policies.
Nonetheless, a spokesman for JPMorgan Chase, Andrew Gray, said questions about whether the company would ever again give to a fund or committee connected to the Trump administration were “vague or speculative.”