Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Editorials & Other Articles

Showing Original Post only (View all)

Dulcinea

(9,098 posts)
Thu Aug 14, 2025, 07:21 AM Aug 14

Trump is tightening the screws on corporate America -- and CEOs are staying mum [View all]

(NPR) Corporate America doesn't want to fight with President Trump in public. But as a result, it's ceding him an unprecedented amount of control over the shape — and future — of U.S. business.

In the past week, the president has turned up the heat on big companies and their CEOs to an extent that is unprecedented even by Trump's norms-shattering standards. He has publicly attacked companies and their executives throughout his political career — but now he's demanding firings of executives who aren't even household names, such as a corporate economist at Goldman Sachs.

On Monday, Trump announced an extraordinary deal for the U.S. government to take a 15% share of Nvidia's H20 chip sales in China as a condition for easing restrictions to allow the chip to be sold there. Then his Treasury secretary, Scott Bessent, on Wednesday said the administration may ask other companies for similar payments in the future.

https://www.npr.org/2025/08/14/nx-s1-5501591/trump-corporate-america-capitalism

4 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Latest Discussions»Editorials & Other Articles»Trump is tightening the s...