After the CEO of the pharmaceutical company Merck, Kenneth Frazier, resigned Monday morning, citing Trump's failure to forcefully denounce white supremacist groups who incited racist violence in Charlottesville, other council members faced mounting pressure to resign. "He's a fascist, so not unusual," Mr Holden wrote, only to find himself retweeted by the 45th president of the United States. Trump disbanded the American Manufacturing Council, which had seen a gradual exodus of its members – including the CEOs of Intel, Merck, Under Armour and the president of the US’s largest labor federation, the AFL-CIO – since Monday, and the Strategic and Policy Forum, whose members decided to step down en masse on Wednesday.
President Donald Trump disbands both the Strategic and Policy Forum and American Manufacturing Council in response to the CEO resignations.