our guest is richard trumka, president of the afl-cio. this is his ninth visit to the troop and we appreciate the tradition. our guest grew up in the pennsylvania goal -- coalfield, following his father and grandfather into the mine. he earned a law degree from the one of the university and in 1982, at age 33, he was elected president of the united mine workers of america, the youngest person in history to hold that position. he served three terms as president and brought the workers into the afl-cio. in 1985, he ran to be secretary of treasure and the youngest person to hold that person, when he held for 15 years. he was elected as president of the afl-cio in september of 2009 and reelected in 2013. last year, he became a grandfather and thus ends the biographical portion of the program. i know how important that last detail is, having become one myself. recordys, we are on the here. no live blogging or tweeting, no filing of any kind while the breakfast is underway. give time to actually listen to what the guest says. there is no embarg

our guest today is richard trumka. this is his ninth visit with our group. we appreciate this pre-labor day tradition. he followed his father and grandfather into the mines. he worked his way to penn state university and earned a law degree. in 1982, at age 33, he was elected president of the line workers of america, the youngest person in history to hold that position. he served three terms as president. in 1995, he ran to be secretary-treasurer and became the youngest person to hold that job, one he held for 15 years. he was elected as president in september 2009 and we elected in 2013. last year, he became a grandfather. thus ends the biographical portion of the program. now onto the breakfast mechanics. we are on the record here. please, no live blogging. no filing of any kind while the breakfast is underway, to give us time to listen to what our guest says. there is no embargo when this session ends. he will take several pictures of the session and send them to the reporters. as regular attendees know, if you would like to ask a question, please send me

. >>> and ahead, only on "cbs this morning," afl-cio president, richard trumka, the latest representative to withdraw from a white house manufacturing council because of what the president said and didn't say about the event in charlottesville. >>> there will be a primary runoff to fill the senate seat in alabama previously held by jeff sessions. luther strange will face roy moore. strange has the backing of president trump and finished a distant second to moore. moore commands public displays of the ten commandments and opposes same-sex leader. >>> kim has delayed a mission on firing missiles toward guam, but that could change next week when the u.s. and south korea plan a joint military exercise. ben tracy has our report. >> reporter: north korean leader kim jong-un has decided to hold off for now. according to north korean state media, he said he will watch a little more the foolish and stupid conduct of the yankees. this message from kim jong-un is definitely a de-escalation. john delury. what has north korea gotten out of this latest volley back and forth? >> this is not a big victor

afl-cio richard trumka and his chief of staff announced their resignations saying we cannot sit on a council for a president who tolerates bigotry and domestic terrorism. scott paul also announced he'd be stepping down. on monday, the ceos of merck, intel and under armour dropped out. and he tweeted for every ceo that drops out of manufacturing council i have many to take their place. grandstanders should not have gone on. jobs. >> why do you think these leaders are leaving their manufacturing council? >> because they're not taking their job seriously as it pertains to this country. and we want jobs of manufacturing in this country. if you look at some of those people that you're talking about, they're outside of the country. they're having a lot of their product made outside, if you look at merck as an example, some of the folks that will leave, they're leaving outside of embarrassment because they make their products outside. and i've been lecturing them, including the gentleman that you're referring to, about you have to bring it back to this country. >> ceo vollmer also criticize

richard trumka was also the member of a key advisory group. for him. >> plus some are preparing for a flood of solor he eclipse watchers. >> they removed them overnight after the white supremacist demonstrator in virginia. >> city workers and contractors removed four confederate statues from across the city. >> president trump put himself in the politically complicated position of appearing to defend the alt right. >> we don't know exactly what kicked off that violence but it's clear elements of both sides showed up for a fight. >> what message is the country to think about the president and also about the challenge facing all of us? >> this is a lack of proportion when the ideas we're talking about here are direct threats to the founding principles of the country he leads. >> more members of the trump administration's manufacturing council re-signed because of the president's response to the violence in charlottesville. >> when asked about the events in charlottesville trump had this to say. >> i think there's blame on both sid sides. >> no,

. >> next aflcio president richard trumka. he talks about his group's role in the nafta renegotiation and his decision to quit the white house manufacturing jobs council. this event was hosted by the christian science monitor. >> here we go. folks. here we go, here we go thank you for coming. , i am david cook. from the christian science monitor. our guest today is richard trumka. this is his ninth visit with our group. we appreciate this pre-labor day tradition. our guest grew up in the pennsylvania coal fields. he followed his father and grandfather into the mines. he worked his way to penn state university and earned a law degree. in 1982, at age 33, he was elected president of the line workers of america, the youngest -- united mine workers of america the youngest person in , history to hold that position. he served three terms as president. he brought the mine workers into the afl-cio. in 1995, he ran to be secretary-treasurer and became the youngest person to hold that job, one he held for 15 years. he was elected as pre

and just a few moments ago richard trumka, the head of the a.f.l.-c.i.o., announced he's quitting, saying mr. trump's repudiate his forced remarks yesterday. >> sreenivasan: he doubled down. this was the person that almost was forced, as richard trumka says. you could see how uncomfortable he was. today he was incredibly confident, sure of himself. this is what he thinks. >> yang: yesterday we are told, especially chief of staff john kelly, pressed for what happened yesterday. they wanted to get this behind them so they could move on to their agenda in september, but the president brought it right back today, back to square one. >> sreenivasan: he was also defending... he took sort of several moments and opportunities to defend the alt right in not so many words by really pointing out there were other good and decent people there and even how he perceived the protests on friday night where those men were carrying torches. >> he also defended why it took him more than 48 hours to specifically condemn white supremacist, neo-nazis and the ku klux klan.

. >> richard trumka talks about the future of the labor movement and the relationship with the trumpdministration and his decision to quit the many fracturing jobs council, which was later dissolved.

labor leader richard trumka was among them and spoke to "cbs this morning." >> we believed that the symbolismf being associated with that spirited defense of racism and bigotry was just unacceptable. >> reporter: this morning, the remaining members of the president's strategy council had a phone call to discuss quitting. as cbs news' julianna goldman reported, mr. trump's friend, steve schwarzman, the c.e.o. of blackstone called the president with the bad news. in a memo sent to j.p. morgan employees, jamie dimon said he strongly disagreed with the president and said it was "a leader's role, in business or government, to bring people together, not tear them apart." the president's comments also drew sharp rebukes from fellow republicans. ohio governor john kasich: >> he has to fix this and republicans have to speak out. >> reporter: in a statement, senator lindsey graham said, "mr. president, your words are dividing americans, not healing them." but house speaker paul ryan and senate majority leader mitch mcconnell chose to denounce the sentiment, rather than the president. >> and i stand wit

. >> next aflcio president richard trumka. he talks about his group's role in the nafta renegotiation and his decision to q

next, president richard trumka talks about the relationship with the trump administration and his decisionquit the many fracturing jobs council, which was later dissolved. this was hosted by the christian science monitor. >> here we go.

the nation's top labor leader, richard trumka, also lashing out. >> we believed that the symbolism of being associated with that spirited defense of racism and bigotry was just unacceptable. >> reporter: it's a punch in the gut to mr. trump, a billionaire former ceo who rans a the jobs president. >> he needed corporate america to back his claims that he was a businessman president who could get things done with their help. now they've turned their backs on him. >> reporter: the president's surrogates largely silent. the vice president rushing to his defense. >> what happened in charlottesville was a tragedy, and the president has been clear on this tragedy and so have i. >> reporter: both former bush presidents saying in a rare joint statement, america must always reject racial bigotry, anti-semitism and hatred in all forms. >> pathetic, isn't it? just pathetic. the president of the united states needs to condemn these kind of hate groups. >> reporter: a cascade of criticism that could further stall the president's agenda. >> i think the entire legislative agenda is imperiled by calam

in the next half hour richard trumka will join us to explain his decision to quit.t that >>> a look at headlines around the globe. "the new york times" says the threat to end subsidies would send premiums and deficits higher. the subsidies reimbursed for reduce deductibles and out-of-pocket costs. the ceo says if mr. trumpcares out his threat, premium for the most popular health insurance plans would increase by next year. it would increase by $194 billion in coming decade. >> "the wall street journal" reports that apple is making a programming. it plans to introduce as many as 10 original shows. they can be streamed or shown on a video service. >>> and boston globe.com investigates the children of catholic priests. the paper reports there are thousands of people who have strong evidence they're sons or daughters of clergy members p they say they're often neglected or shamed into silence. "boston globe's" team reporter michael rezendes is here. >> reporter: geoghan is accused of molesting dozens of children. in 2002 "the boston globe" ran more than 600 reports revea

-cio president richard trumka to leave the manufacturing council republicans are denouncing his comments the k.k.k. leaders are praising his comments what do you make of how all of this is unfolding well i think really and i've been pretty you know helpful i think at times to the president in talking about his stuff that's in my lane business strategies and i've tried to be really fair but this one just takes the cake i mean this is really pulling i think the white sheet off the the white house ronald reagan famously talked about isolated groups in the backwater of the united states that had perverted views but i think the president's breathing new life into some of these racist and anti-semitic groups and it's just a shame and i think it's going to have a residual impact upon the economy and markets and his entire presidency quite frankly it's sad it's scary and it's really a shame we're looking. mind you add to all of the business leaders and c.e.o.'s that resigned in the wake of charlottesville merck c.e.o. ken frazier was the first to take a stand after the weekend's events to those

afl-cio president richard trumka is resigning from president trump's manufacturing council.statement, "we cannot sit on a counsel for president who tolerate bigotry and domestic terrorism." that would bring the number of resignations to five in the last two days. that does it for this edition of "bloomberg technology." thank you for watching. we will see you tomorrow. ♪ ♪ track your pack. set a curfew, or two. make dinner-time device free. [ music stops ] [ music plays again ] a smarter way to wifi is awesome. introducing xfinity xfi. amazing speed, coverage and control. change the way you wifi. xfinity. the future of awesome. ♪ announcer: from our studios in new york city, this is "charlie rose." charlie: we begin tonight with president trump's condemnation of hate groups, including white supremacists and neo-nazis in remarks from the white house. his comments, followed bipartisan criticism he did not violencelly denounce from a rally in charlottesville, virginia. >> as i said on saturday, we condemn in the strongest possible terms this egregious display of hatred, bigotry,

that is richard trumka. a very big move for labor if they chose to pull out of this. think one of the challenges a lot of these people on these commissions are taking into consideration is that they want to be a voice at the table. they want to be part of the economic conversations. at the same time, they want to take a stand on moral issues. they are balancing those two things. that's why, i think you've seen that each time there has been a controversy, a few people finally say enough is enough. that may continue to happen if this president continues on the same course. caroline: tom, talk about what you have been writing about on twitter. this is a difficult balancing act. we have seen their policies potentially about to be tested. there is a twitter account supremacistshite actual protesters. , >> there is a handle @yesyoureracist, and what they are doing is they are crowdsourcing people to take photos of people who participated in the protest. they have gotten the twitter hive to identify who those people are. you are seeing some backlash. you are seeing one guy f

president richard trumka made the decision to leave the president's manufacturing council. the former treasury secretary larry summers says not enough c's have quit. -- ceo's have quit. >> i think if he were to be deserted en masse because they decided collectively to send a strong signal, i can't believe he would fail to hear that signal, and there is certainly a adjustmentd for an when the president of the united states is a quite a civil rights activists -- equating civil rights activists with white supremacist. it would be constructive for the presidency -- vonnie: candy trump administration get the legislative agenda back on track? bloomberg's white house reporter joins us from washington. on those comments about the former treasury secretary made, the ceo's leading the manufacturing council is one thing but would it take staffers, close aides, people in positions that have been bestowed upon them by the president to leave before anything changes in washington? >> we have not seen any evidence of this happening so far. we have heard private whispers of dismay from some

afl-cio president richard trumka is resigning from president trump's manufacturing council.statement, "we cannot sit on a counsel for a president who tolerates bigotry and domestic terrorism." that would bring the number of resignations to five in the last two days. that does it for this edition of "bloomberg technology." thank you for watching. we will see you tomorrow. ♪ ♪ track your pack. set a curfew, or two. make dinner-time device free. [ music stops ] [ music plays again ] a smarter way to wifi is awesome. introducing xfinity xfi. amazing speed, coverage and control. change the way you wifi. xfinity. the future of awesome. "best of bloomberg markets: middle east the following is a paid program. >> following is a program. opinions and views expressed do not reflect those of bloomberg lp, as affiliates or its employees.

afl-cio president richard trumka and his deputy resigned saying the president tolerates bigotry and domestic terrorism scott paul also left the council. president trump attacked them on twitter saying for every ceo that drops out i have many to take their place walmart's chief executive duck mcmillan is joining the critics of president trump in a memo he said the president missed a critical opportunity to help bring our country together. but mcmillan plans to stay on the strategic and policy forum let's get back to jeffrey sachs. i know you're not a political commentator, but we have to talk about the impact on the u.s. equity markets there's a lot of uncertainty about policy and a lot of distraction about what the president of the united states was wanting to do for the u.s. economy. does that make you a lot less constructive about where u.s. equities are headed? >> no, it doesn't. we expect that the u.s. growth outlook will be reasonably resilient in the year ahead at about 2% if we get tax cuts towards the end of the year or early next year, that will give further impetus to u.s. growth t

late yesterday the head of the a fsha aflcio, richard trumka resigned from trump's manufacturing councilin a tweet he said i cannot sit on a council for a president that tolerates d s bigotry and domestic terrorism he joins the ceos of merck, under armour, intel and the head of the alliance for american manufacturing. they all stepped down from the president's council this week. others like elon musk announced their departures long before the issue vims violence in charlottesville. travis kalanick did it early on after some immigration policies. this speaks to a new corporate culture, conscious, perhaps, and rer may raise questions for the ceos who stay on board. >> with a republican leadership, you expect business to be involved in that discussion. this is lettening their potential influence there. that said, it's important to come back to letting you know the market was basically flat yesterday. it's clearly not derailed the markets this week. and the bottom line, the key thing to watch for the market and the economy is the relationship with republican senators and congressmen that's w

merck ceo kenneth frazier, under armor, the alliance for american manufacturing stop all afl-cio richard trumka and deputy chief of staff cle. trained to do regards at the trump administration. president trump has to take the next white house communications director because he lives vacated by anthony scaramucci. the daily caller reported job was offered the job toe pick and choose except today. she's been withdrawn since the early days of the campaign. she's been working behind the scenes on the press team. president trump fired anthony scaramucci 10 days after he took over the position from former press secretary sean spicer. hope has been with the trumps family for even longer. she first worked with ivanka trump all before the election started in the campaign kicked in. she's very close to the family. lauren: we'll see if she has any influence in controlling the narrative. he wasn't supposed to take questions yesterday and then he gave. the congressional budget office said they are going up 20% next year. subsidies paid to insurers under the law to insurers and supporters of the affordable c

today, afl-cio president richard trumka spoke about the future of the labor movement and its relations with the trump administration. he looked at how his group feels about nafta renegotiations, the future of wage growth and the reasons he left

and the afl-cio richard trumka say they will remain on the committee. >> thank you, kevin. we are learning more tonight about the man accused of driving his car into a crowd of people on saturday. james alex fields junior being depicted as a man fascinated with nazism and holding deep and radical convictions on race. doug mckelway in charlottesville where fields had his first court appearance today. >> i have regrets. we lost three lives. >> in a press conference, the charlottesville police chief defended his officers tactics of saturday as tensions and violence rose. >> the city and county made a declaration of local emergency. crowd size became violent with mutually engaged combatants. >> charlotte -- charlottesville dealing with the legal aftermath. >> one national socialist shouted. alleged murderer james alex fields junior made an appearance from jail. he was dressed in black and white and answered yes or when asked if he understood the proceedings. public defender's office expected to represent fields but because a relative was connected to saturday's crash, the offic

richard trumka, resin of the afl-cio also quit. for more the sea -- ceo departures, i have learned from princeton university. what is going on.>> this administration never ceases to amaze me. the first thing to understand is that there a lot of these different initiatives and every administration. whether they are effective or not is a tough thing to identify, but the number of people leaving is surprising. overall, the president has about 35 ceos left on these initiatives. we will have to see how many dropout, but the thing i always tell people is that ceos especially of public companies, the number one concern is their employees, their customers, and their shareholders. these ceos will make a decision on a case-by-case basis. if they have left, that means that they believe it is the best thing for the company. that is their concern. >> head of the afl-cio who just quit, said that they understand that the other decisions of the council which has yet to hold any real meeting and we are reassessing our role. >> what are they doing i

the nation's top labor leader, richard trumka, also lashing out. >> we believed that the symbolism of being associated with that spirited defense of racism and bigotry was just unacceptable. >> reporter: it's a punch in the gut to mr. trump, a billionaire former ceo who ran as the jobs president. >> he needed corporate america to back his claims that he was a businessman president who could get things done with their help. now they have turned their backs on him >> reporter: the president's surrogates largely silent. the vice president rushing to his defense. >> what happened in charlottesville was a tragedy, and the president has been clear on this tragedy and so have i. >> reporter: both former bush presidents saying, in a rare joint statement, america must always reject racial bigotry, anti-semitism and hatred in all forms. >> pathetic, isn't it? just pathetic. the president of the united states needs to condemn these kind of hate groups. >> reporter: a cascade of criticism that could further stall the president's agenda. >> i think the entire legislative agenda is imperiled by cal

another resignation for president trump's manufacturing council, moments ago aflcio president richard trumka said he's leaving the council immediately. he said, i council for a president who tolerates bigotry and domestic terrorism. the ceo from under armour, intel, america amerk, also step from that same council. >>> and now we know what caused dc regulators to order a hospital in southeast washington to stop delivering babies last week. united medical center made some dangerous mistakes with pregnant patients and newborns, according to a letter obtained by the washington post. in one case, hospital workers did not take critical steps to prevent the transmission of hiv from an infected mother to her newborn. in another case, morbidly obese pregnant woman came to the hospital with breathing problems and was not properly monitored or treated. we do not know the out come for either patient. the letter was written by the director of dc health department and sent to the hospital's chief executive. >>> uber has agreed to third party audits after federal regulators accused of misrepresentinow priv

tonight later on the program i'm going to talk to one of those leaders, afl-cio president richard trumka leaders are not abandoning him. bishop harry jackson is part of the board. he joins me with dr. cohouston cornell. you have ceos of companies which you generally don't think of as necessarily in the vanguard of, you know, making moral decisions. they're the ones who have been with drawing from these councils, and a lot of the faith leaders who have been backing the president are still backing him. what does that say to you? >> you know, there's a long history of figures staying with status quo. >> we saw that with dr. king. >> he was critical. >> his team was, but many -- >> absolutely, absolutely. when you think of the clergy there in charlottesville, brother seth and bitny and the others, they were bearing witness, tracy were bearing witness. we were always trying to bear witness, but it's always a prophetic slice. when it comes to ceos, it usually takes a while. thank god they're willing to step forward but i think most importantly we're seeing now an escalating awakening and an in

today >>> my pick is from one of those members of the manufacturing council that stepped off richard trumkapresident of the afl-cio, why i quit president trump's business council i expected this to be all about charlottesville and hatred, which he said was the final straw, but when through a complete rebuke of president trump's policies and attitudes to be clear the council never lived up to its potential for policies that lift up working families we were never called to a single official meeting even though it comprised some of the top business and labor leaders the afl-cio joined to bring the voices of working people to the table and advocate the manufacturing initiatives for our country, that our country desperately needs, but the only thing the council manufactured was letterhead in the eend, jund, just another promise. trumka does spell out early he was a clinton supporter, but he was excited by trump's initial gestures to the american worker, promises of policies. >> >> it is worth noting with that one line that it wasn't really achieving anything so far. so it disbanding probably doe

our guest today is richard trumka. this is his ninth visit and we appreciate him continuing this pre-labor day tradition. pennsylvania the coal fields and followed his father and grandfather into the mines. he went to penn state university. age 33 he was elected president of the united mine workers of america, the youngest in history to hold that position. he served three terms and brought the mine workers into .he afl-cio then he ran to be the secretary-treasurer, becoming the youngest person to hold that job, which he held for 15 years. he was elected president of the afl-cio in 2009 and reelected in 2013. last year he became a grandfather. that is the biographical portion of the program. now on to the breakfast mechanics. we are on the record. tweeting, noing or filing of any kind while the breakfast is underway to give us time to listen with the guest says. there is no embargo when the session and's. to curb the self research, there will be several pictures taken and they will be sent to all of the reporters as soo

>> in the last couple hours, as you saw, richard trumka. something like 21 million active and retired employees. he is out, and when you talk about the players, we need to explain to people that the president today, it's very complicated from both sides, but criticize the ceos, saying he believes they are embarrassed because they manufacture many of their goods overseas. while the ceo say divisive politics and contrasting values are at the heart of their departures from the council, a date i'll start with kenneth fraser of merck who announced he was leaving, citing his belief in america's leaders having to reject hatred and group supremacy. after the president yesterday called the kkk and white supremacists "republic," three other ceos followed him out the door. kevin plank, brian percentage of intel who arguably is the biggest feather in the council's cap. high-tech, global, massive. he exited. then scott paul of the alliance for american manufacturing said he was leaving the council after frazier announced his departure. president trump t

but nonetheless, richard trumka is withdrawing back to you. >> but they were very pleased with the wholeback to america once the election did happen i mean, that was something core to the unions. >> president trump had a political opportunity earlier this year to reach out to the union community and presumably many of the people in that community voted for him in the election talking about infrastructure, manufacturing and jobs and that is a message that resonates with many in the union base but today union leadership decided they simply can't stay on a council with president trump after the angry press conference that we saw here at trump tower an hour or so ago. >> all right thank you so much. this clear city ly in reaction news conference. >> i think you have to remember that months ago travis kalanick of uber stepped off this council. if travis kalanick stepped off it, i don't really see how it is much of a decision for some of the multinational companies. what just said about bringing jobs back, that was optimism, no reason not to be optimistic at that time. >> certainly a message t

applause ) he also-- ( applause ) he also lost afl-cio president and travel-size mike ditka, richard trumkahter ) after trump's press conference yesterday, trumka said, "we must resign on behalf of america's working people, who reject all notions of legitimacy of these bigoted groups. it's clear that president trump's manufacturing council was never a means for delivering real policy that lifts working families, and his remarks today were the last straw." ( cheers and applause ) last! i mean, good for him. i mean, good for him, but i guess that makes calling mexicans rapists, mocking a disabled reporter, grabbing women by the genitals and banning muslims from entering the country were just some fun straws along the way, like a hayride! so, it's been a tough week for trump's manufacturing council, but trump's not one to be easily dissuaded. when the going gets tough, the tough immediately give up, because trump tweeted: "rather than putting pressure on the businesspeople of the manufacturing council and strategy and policy forum, i am ending both. thank you all!" "thank you! i destroy everyt

richard trumka talking about his relationship with the trump administration and the future of the labor movement. defense secretary james mattis speaking with the defense minister of south korea about the recent missile launch by north korea. one of the headlines from reuters politics, how terms immigration crackdown could slow houston's efforts to rebuild and pew research center estimates from leicester that 28% of the texas construction workforce is undocumented. other studies put the number as high as 50%. undocumented immigrants are growing increasingly nervous in texas because of an immigration crackdown by the trump administration that has cast a wide net. you can read more at reuters.com. >> with the house and senate back in session on tuesday, september 5, we're taking a look congressrk members of will be handling. the federal budget, tax reform, the debt ceiling, and health care. join us for a review of what is ahead for congress thursday night at 8:00 eastern on c-span and c-span.org and listen on the free c-span radio app. >> c-span, where history and folds daily. in 1979, c-

business-friendly commander-in-chief but the president trump corporate alliances such as merck ceo and richard trumka the afl-cio ceo, what does big money think of president trump's unfriendly move to business? charlie gasparino has been speaking to traders and business leaders. what is their reaction in washington? he is about to break that down. ♪ [brother] any last words? [boy] karma, danny... ...karma! [vo] progress is seizing the moment. your summer moment awaits you, now that the summer of audi sales event is here. audi will cover your first month's lease payment on select models during the summer of audi sales event. liz: we do have breaking news on obamacare we want to get to right now. appears the trump administration will make key affordable care act payments that are in the books to insurers for the month of august according to white house spokesman. insurance has been asking congress and the administration for certainty that they will continue to get the subsidies to help them cover all of the people that have come onto their roles and they will receive car sharing reduction payments for

richa richard trumka saying they haven't even met. you can also see scott paul there a lobby group for american manufactures also leaving, this is after merck, under armour, and the walmart ceo who's on a different advisory board, out with a pretty sharp comments in h a message to his own employees. his company kind of main street america. largest private sector work force in the country, about a million, million and a half workers. he said we too felt he missed a critical opportunity -- donald trump, the president, to help bring our country together buy unequivocally rejecting the appalling actions of white supremacists. the you see companies breaking with the business president here because they are not in step on this issue just like not no step on climate change and other issues as well. immigration is the one noted departure as well. >> the president was asked yesterday, you could see it sort of got to him. that was a political statement. it's interesting we talked to the u.s. chamber of commerce. he thinks he can have a voice. >

other council on manufacturing in the wake of what happened in charlottesville, including afl-cio richard trumka. who said that the president's comments spurred his exit. >> these organizations at their stem and at their core are based and racism and bigotry. that's unacceptable. that's an unamerican value, and when he gave that defense of them and sort of put a pox on everybody's house, it became too much for us to be associated with that. >> and then the president's strategic and policy forum went public with the announcement that they were disbanding today. the president declared rather than putting pressure on the business people of the manufacturing council and strategy and policy forum, i am ending both. thank you all. that came despite the president boasting yesterday that, quote, for every ceo that drops out i have many to take their place. business leaders seem to be -- sending a very loud signal that after what's happened with charlottesville associating with president trump is not good for business. we'll have more on that in 60 seconds. a penny has never been more valuable! it's our

richard trumka dropped out telling cbs the council was infoich anyway and they hadn't even met. president trump called them grandstanders and said they would be replaced but the writing was on the wall. by tuesday night, at least nine members simply sick of it, well, they turned on the president's strategy and policy forum and decided to quit. they told their chairman steve schwartzman, the head of blackstone, and he told the white house, jared kushner, to dissolve the whole thing. in the end, charlottesville was the straw that broke the this cam camel's back. these ceos had schwall slowed the decision to leave the paris accords, the immigration policy and the travel ban, but this, the president, doubling down on his comments from saturday were just too much. on the one hand, this simply means the end of tw business councils, one that never even metaphor mali, but think about the other. this shows a deepening divide between the president and pro business leaders. it's extraordinary. this is his agenda -- tax reform, deregulation, exactly in their wheelhouse, and now they're leav