Pablo Martinez Monsivais / AP

CEOs on President Trump's top outside business-advisory group decided Wednesday to disband amid the tumult over his response to this weekend's white-nationalist violence in Charlottesville, top business sources tell Axios.

  • The group, the President's Strategic and Policy Forum, is chaired by Stephen A. Schwarzman, chairman, CEO and co-founder of Blackstone.
  • "Debate over the forum has become a distraction and the group has decided to disband," a top executive said as a conference call of the CEOs continued.
  • How it happened: The decision was made quickly, the executive said: "Given the comments of the last several days, no one could continue to be seen as supporting this kind of divisiveness."

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.

The forum is separate from another advisory group, focused on manufacturing, that has seen several CEO defections this week.

List of members, via Axios' Erica Pandey:

  • Paul Atkins, Patomak Global Partners
  • Mary Barra, General Motors
  • Toby Cosgrove, Cleveland Clinic
  • Jamie Dimon, JPMorgan Chase
  • Larry Fink, BlackRock
  • Rich Lesser, Boston Consulting Group
  • Doug McMillon, Wal-Mart
  • Jim McNerney, formerly Boeing
  • Indra Nooyi, PepsiCo
  • Adebayo "Bayo" Ogunlesi, Global Infrastructure Partners
  • Ginni Rometty, IBM
  • Stephen A. Schwarzman, Blackstone
  • Kevin Warsh, former board member at the Federal Reserve, Hoover Institute
  • Mark Weinberger, Ernst & Young
  • Jack Welch, formerly General Electric
  • Daniel Yergin, IHS Markit

Go deeper

Updated 4 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios

  1. Global: Total confirmed cases as of 8:30 p.m. ET: 20,001,019 — Total deaths: 733,897 — Total recoveries — 12,209,074Map.
  2. U.S.: Total confirmed cases as of 8:30 p.m. ET: 5,085,821 — Total deaths: 163,370 — Total recoveries: 1,670,755 — Total tests: 62,513,174Map.
  3. Politics: Trump claims he would have not called for Obama to resign over 160,000 virus deathsHouse will not hold votes until Sept. 14 unless stimulus deal is reached.
  4. Business: Richer Americans are more comfortable eating out.
  5. Public health: A dual coronavirus and flu threat is set to deliver a winter from hellAt least 48 local public health leaders have quit or been fired during pandemic.
  6. Sports: The cost of kids losing gym class — College football is on the brink.
  7. World: Europe's CDC recommends new restrictions amid "true resurgence in cases."
13 mins ago - World

Protests in Belarus turn deadly following sham election

An arrest today in Minsk. Photo: Natalia Fedosenko/TASS via Getty

Protesters and security forces are clashing across Belarus tonight, with at least one person dead, hundreds injured and thousands arrested.

Why it matters: Sunday’s rigged presidential elections have yielded political uncertainty unlike any seen in Aleksander Lukashenko’s 26-year tenure. After claiming an implausible 80% of the vote, Lukashenko is using every tool in the authoritarian arsenal to maintain his grip on power.

Updated 18 mins ago - Health

World coronavirus updates

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Axios Visuals

The number of COVID-19 cases surpassed 20 million worldwide on Monday evening, Johns Hopkins data shows.

The big picture: World Health Organization chief Tedros Adhanom Ghebreyesus told a virtual press conference as the world approached the milestone that 750,000 were set to be recorded this week. "Behind these statistics is a great deal of pain and suffering. Every life lost matters," he said. "But I want to be clear: there are green shoots of hope and... it's never too late to turn the outbreak around."