Chambers of commerce

Corporate heavyweights split with Trump on energy regulatory rollbacks

Illustration of corporate America walking past President Trump
Illustration: Rebecca Zisser/Axios

For the first time yesterday, the U.S. Chamber of Commerce publicly split with the White House over its plan to freeze Obama-era vehicle emissions and mileage rules.

Why it matters: While K Street is directionally inclined toward deregulation, there can be colliding interests below the surface. And that's certainly the case when it comes to the oil and auto industries.

Chamber of Commerce courts Trump, comparing him to Reagan

Chamber of Commerce
A sign comparing President Trump to presidents Reagan and Eisenhower — on the steps of the U.S. Chamber of Commerce building in D.C. Photo: Ian Wagreich/U.S. Chamber of Commerce

Sign of the times: The top advocate for corporate America, the U.S. Chamber of Commerce, has installed a sign on the front steps of its headquarters in Washington, D.C., comparing Donald Trump to Ronald Reagan and Dwight Eisenhower. Their building is right near the White House.

Why it matters: Comparing Trump to Reagan and Eisenhower is quite a leap for a group that got on the wrong side of the president by excoriating his 2016 campaign and clashing with him on everything from tariffs to immigration policy. (A previous sign on the Chamber's steps advocated for DACA recipients.)