After Merck, CEOs of Intel, Under Armour quit Trump panel over rally

Trump mocks exec for quitting advisory council over racism

Trump slams 'grandstanders' who quit CEO council over Charlottesville

Merck CEO Kenneth Frazier quit President Trump's manufacturing council on Monday, August 14, 2017.

The CEOs of three major companies resigned from President Donald Trump's American Manufacturing Council on Monday.

"We should honour - not attack - those who have stood up for equality and other cherished American values".

In Frazier's statement posted to Twitter, the head of one of the largest pharma companies on the planet said that he was leaving the council as "a matter of public conscience" in order to "take a stand against intolerance and extremism".

That appeared to be a reference to Trump's statement over the weekend blaming the deadly violence in Charlottesville, Virginia, on "many sides" after neo-Nazis and white nationalists clashed with counter-protesters.

By Aug. 16, with other corporate bosses heading for the exits, Trump dissolved the manufacturing group headed by Dow Chemical Co.'s Andrew Liveris and a strategy and policy forum headed by Blackstone Group's Stephen Schwarzman. In June, Tesla Chief Elon Musk resigned from the council after Trump withdrew from the Paris Climate agreement.

The announcement came hours after Kraznich shamed Trump in a tweet.

The moves came one day after the resignations of Scott Paul, the president of the Alliance for American Manufacturing; Richard Trumka, the president of the AFL-CIO; and Thea Lee, the AFL-CIO's deputy chief of staff.

US JCS Chief: Military Option against N. Korea Will Be "Horrific"
North Korea responded that it was ready to aim a missile at the American territory Guam, but it has since suspended the operation. Chief White House strategist Steve Bannon said on Wednesday there could be no military solution to the stand-off.

In several television interviews on Monday, Sessions said Trump had "explicitly condemned" violence and that "he totally opposes" the values espoused by white supremacy organizations.

Sessions also says he is meeting with President Donald Trump and officials from the Federal Bureau of Investigation on Monday to discuss the recent violence in Charlottesville, Virginia.

Merck CEO Kenneth Frazier (L) listens to President Donald Trump at a January 2017 meeting.

Mr Frazier said he was quitting in the wake of Mr Trump's initial failure to condemn the far-right for violence in Charlottesville.

Trump's response to Frazier attacking him for high drug prices is a flashback to common rhetoric from Trump on the campaign trail. And General Electric said in a statement that it had "no tolerance for hate, bigotry or racism" while adding that Jeff Immelt, the company's chairman and recently retired chief executive, would also continue to advise the president. "You give up a chance to help American workers and press the Pres on issues where you disagree".

The president of a manufacturing association has become the fourth executive to walk away from President Trump after he took two days to denounce white supremacy.

On a personal note, Cramer said he respects Frazier for not making broad claims about Merck's cancer drug Keytruda.

The Charlottesville incident, which many believe has been inadequately handled by Trump administration, is being considered another serious dent in Trump's first year of administration.

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