Fortune 500 CEOs Withhold Support from Trump Over Economic Concerns
Business leaders express fear of inflation and instability under Trump's proposed policies, showing unprecedented reluctance to back a GOP candidate.
- No Fortune 500 CEOs have donated to Trump's 2024 campaign, a historic first for a Republican candidate.
- CEOs cite Trump's economic plans, including tariffs and tax cuts, as potentially disastrous for the economy.
- Business leaders prefer stability and rule of law, aligning reluctantly with Biden despite reservations.
- Yale's Jeffrey Sonnenfeld highlights the unprecedented corporate resistance to Trump among top executives.
- Corporate America's hesitation marks a significant shift from traditional GOP support.