Under Armour CEO Quits Trump Council, Says Company Doesn't Engage in Politics

Frazier blow brings pharma into spotlight again

Merck CEO quits Trump advisory panel over Charlottesville response

A woman died and 19 people were injured in the city of Charlottesville when a auto plowed into a crowd of people after a rally by Ku Klux Klan members and other white nationalists turned violent.

Despite their dramatic exits, there's nothing really that admirable about Frazier, Plank, and Kraznich's decision to leave Trump's council - they joined because they saw an opportunity to butter up the president and left because they realized it was bad press to remain.

Under Armour CEO Kevin Plank resigned from the panel later Monday, saying his company "engages in innovation and sports, not politics".

In June, Disney CEO Robert Iger and Tesla CEO Elon Musk quit another White House business advisory council over Trump's decision to withdraw the US from a global climate-change treaty, called the Paris Agreement.

"America's leaders must honour our fundamental values by clearly rejecting expressions of hatred, bigotry and group supremacy, which run counter to the American ideal that all men are created equal", Frazier, who is African American, wrote on Twitter. The Daily Stormer is a neo-Nazi, white-supremacist website associated with the alt-right movement.

Sonnenfeld predicted more corporate leaders "across sectors and across party" will come out against Trump.

President Donald Trump is back at the White House and ignoring shouted questions about the race-fueled clashes in in Charlottesville, Virginia.

Trump was specifically taken to task for comments on Saturday in which he denounced what he called "this egregious display of hatred, bigotry and violence on many sides".

Frazier said in a statement he wants to "take a stand against intolerance and extremism".

Frazier's statement came after widespread condemnation of the president's response to a white nationalist rally in Charlottesville, Virginia, an event that devolved into clashes between rally-goers and counter-protesters.

Other top business leaders also spoke out in response to the violence in Charlottesville.

The attack on counterprotesters "does meet the definition of domestic terrorism", Sessions said.

Sessions said the Justice Department is pursuing the case "in every way".

We should honor-not attack-those who have stood up for equality and other cherished American values.

Following two days of criticism, Trump on Monday called out the KKK, neo-Nazis and white supremacists as "evil" and "hate groups" that are "repugnant to everything we hold dear as Americans".

Trump said the departure allows Frazier to "LOWER RIPOFF DRUG PRICES!"

On immigration, racism and climate change, CEOs have sought to provide the moral leadership they perceive to be lacking from the White House.

Andrew Ross Sorkin is a business columnist for The New York Times. "He is appalled by this".

Krzanich put it this way: "There should be no hesitation in condemning hate speech or white supremacy by name".

Krzanich made the announcement Monday in an Intel blog post. But he will likely be unable to escape questions and criticism for his initial response to the Saturday's violence, for which he blamed bigotry on "many sides". Senior aides were dispatched to the morning news shows, yet they struggled at times to explain the president's position.

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