Mike Allen Aug 16
SaveSave story
Rejected by CEOs, Trump abruptly shutters two business groups
Pablo Martinez Monsivais / AP

Rejected by a broad swath of top CEOs over his incendiary comments on race, President Trump on Wednesday abruptly shut down his two key groups of outside business advisers.

Why it matters: Trump's "both sides" response to the violence has made CEOs even more wary of interacting with the White House, with many of them facing pressure from employees and shareholders to distance themselves. We are witnessing the swiftest, biggest big business rebuke/revolt of the Trump presidency.