Speed Reads


Intel CEO becomes latest business leader to leave Trump's American Manufacturing Council

Intel CEO Brian Krzanich became the third business executive to resign from President Trump's American Manufacturing Council on Monday, writing in a blog post that he is stepping down to "call attention to the serious harm our divided political climate is causing to critical issues, including the serious need to address the decline of American manufacturing."

Earlier in the day, Merck CEO Kenneth Frazier and Under Armour founder and CEO Kevin Plank both stepped down from the council, and Krzanich said he called on "all leaders to condemn the white supremacists and their ilk who marched and committed violence" in Charlottesville, Virginia, on Saturday. He resigned because "I want to make progress, while many in Washington seem more concerned with attacking anyone who disagrees with them," he wrote. "We should honor — not attack — those who have stood up for equality and other cherished American values."

Promoting manufacturing "should not be a political issue," Krzanich continued, and he asked "everyone involved in our political system" to stop trying to score political points and instead "focus on what is best for the nation as a whole. The current environment must change, or else our nation will become a shadow of what it once was and what it still can and should be."