America’s CEOs don’t have the stomach for Trump’s promised revenge tour
CNN
If reelected, Donald Trump has made clear that he plans to exact revenge on the people and institutions he perceives as a threat. His “enemies” list seems to be constantly growing as the election nears, and includes Democratic politicians, the media, lawyers and political donors who he believes were “involved in unscrupulous behavior.”
If reelected, Donald Trump has made clear that he plans to exact revenge on the people and institutions he perceives as a threat. His “enemies” list seems to be constantly growing as the election nears, and includes Democratic politicians, the media, lawyers and political donors who he believes were “involved in unscrupulous behavior.” Any CEO with a memory of Trump’s first term knows that it’s wise to take those threats seriously, as the president didn’t hesitate to sound off and, with a single tweet, sink a company’s stock or spark a boycott. While dozens of American business leaders — your Reeds Hoffman, your Marks Cuban, etc. — have used their money and power to resist that kind of bullying and endorse Vice President Kamala Harris, others are choosing to bend the knee. Or to keep just quiet enough to avoid being becoming a target. Jeff Bezos, owner of The Washington Post, didn’t endorse Trump explicitly. Instead, he blocked the paper’s editorial page from endorsing any candidate for the first time in decades — a not-at-all subtle nod to the Republican nominee, and one that legendary former Post editor Marty Baron called an act of cowardice. That move came shortly after the billionaire owner of the Los Angeles Times, Patrick Soon-Shiong, vetoed his editorial board’s endorsement of Harris. Baron, who retired from the Post in 2021, on Saturday told CNN’s Michael Smerconish that Trump has threatened Bezos “continually,” but that Bezos had previously resisted that pressure. “I was very grateful … for his willingness to stand up to the pressure from Donald Trump in 2015 … until now. But the fact is that Bezos has other commercial interests,” including a large stake in Amazon and a private space company, Blue Origin.
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