Sport Investors League
  • Politics
  • Stocks
  • Investing
  • Business

Sport Investors League

  • Politics
  • Stocks
  • Investing
  • Business
Business

CEOs at Trump meeting say he was ‘meandering’ and ‘doesn’t know what he’s talking about’

by admin June 17, 2024
June 17, 2024
CEOs at Trump meeting say he was ‘meandering’ and ‘doesn’t know what he’s talking about’

WASHINGTON — Former President Donald Trump failed to impress everyone in a room full of top CEOs Thursday at the Business Roundtable’s quarterly meeting, multiple attendees told CNBC.

“Trump doesn’t know what he’s talking about,” said one CEO who was in the room, according to a person who heard the executive speaking. The CEO also said Trump did not explain how he planned to accomplish any of his policy proposals, that person said.

Several CEOs “said that [Trump] was remarkably meandering, could not keep a straight thought [and] was all over the map,” CNBC’s Andrew Ross Sorkin reported Friday on “Squawk Box.”

A spokesman for the Trump campaign did not reply to a request for comment from CNBC on the CEOs’ remarks.

Among the topics on which Trump offered scant details were how he would reduce taxes and cut back on business regulations, according to two other people in the room who spoke to CNBC.

Meeting attendees and people who spoke with them were granted anonymity in order to speak freely about the private event.

The same CEOs who were struck by Trump’s lack of focus “walked into the meeting being Trump supporter-ish or thinking that they might be leaning that direction,” Sorkin reported.

“These were people who I think might have been actually predisposed to [Trump, but] actually walked out of the room less predisposed” to him, Sorkin said.

Trump’s energy in the meeting was also noticeably subdued, according to two people who were in the room. At no time during his remarks was there any noticeable applause for Trump, two attendees told CNBC.

This was in contrast to Trump’s meeting earlier in the day with House Republicans on Capitol Hill. Attendees at that meeting told CNBC that the former president was animated and engaged and that Trump received several rounds of applause in separate meetings Thursday with both House and Senate Republicans.

Trump’s low-key energy at the Business Roundtable event could have been deliberate, one attendee told CNBC. Trump had wanted the CEO meeting to be “more like a business meeting than a speech,” the person said.

“At one point he discussed his plan to bring the corporate tax rate down from 21% to 20% … and was asked about why he had chosen 20%,” Sorkin said Friday on MSNBC’s “Morning Joe.” “And he said, ‘Well, it’s a round number.’”

“That unto itself had a number of CEOs shaking their heads,” Sorkin reported.

In 2023, corporate income taxes contributed approximately $420 billion to federal revenues, according to the Congressional Budget Office.

Wall Street has bristled over the past three years under President Joe Biden’s aggressive antitrust enforcement, pharmaceutical price caps and progressive tax policy.

This post appeared first on NBC NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
Week Ahead: NIFTY May Stay Tentative; Look For Stocks With Strong Relative Strength
next post
Boeing investigates quality problem on undelivered 787s, sources say

Related Posts

GM to invest $625 million in joint venture...

October 18, 2024

Former Ozy Media head sentenced to nearly 10...

December 17, 2024

Walgreens to go private in roughly $10 billion...

March 8, 2025

As Trump eyes more tariffs, South Korea remains...

February 15, 2025

Microsoft says goodbye to the Windows blue screen...

July 1, 2025

Why Honeywell CEO Vimal Kapur doesn’t think the...

October 15, 2024

Target, McDonald’s and others are offering value as...

May 24, 2024

CVS is under pressure and considering a breakup....

October 7, 2024

Here’s why business leaders are spending big on...

December 26, 2024

A lack of child care is keeping this...

July 9, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent

    • Death penalty looms for Charlie Kirk’s accused killer but legal bar is high as Trump, Cox mount pressure

      September 15, 2025
    • From Zapruder to smartphones: Assassination footage reshapes America’s view of political violence

      September 15, 2025
    • Death penalty looms for Charlie Kirk’s accused killer, but legal bar is high as Trump, Cox mount pressure

      September 15, 2025
    • Turning Point USA says campus chapter requests surge to over 32,000 after Kirk’s assassination

      September 15, 2025
    • Trump says ‘we’ll see what happens’ when asked about possibility of striking Venezuela amid rising tensions

      September 15, 2025

    Categories

    • Business (1,104)
    • Investing (3,034)
    • Politics (3,707)
    • Stocks (1,155)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sportinvestorsleague.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 sportinvestorsleague.com | All Rights Reserved