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Guardian
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‘Stay below the radar’: corporate America goes quiet after Trump’s return
- Corporate America has been notably quiet since Donald Trump's return to office, with industry leaders opting to stay under the radar to avoid conflict with the administration.
- CEOs are seeking consistency and predictability in a volatile political landscape, advising caution and avoiding confrontation with the president.
- The relationship between corporate leaders and the Trump administration has been characterized by tentative gestures and large financial contributions, with mixed results.
- Elon Musk's fallout with Trump serves as a cautionary tale for executives, highlighting the president's unpredictable nature and lack of loyalty.
- Companies are advised to proceed with extreme caution, as loyalty is perceived as one-sided in dealings with the administration.
- Maintaining a strategic silence and aligning with the White House for short-term benefits may not guarantee long-term security as Trump's priorities can shift rapidly.
- Some companies faced backlash for altering their diversity initiatives under Trump's presidency, while others stood firm in their commitment to inclusion despite external pressures.
- CEOs are cautioned to stay within their expertise when addressing public issues and to exercise discretion in their public statements to avoid unnecessary controversy.
- Certain business figures like Jamie Dimon and Warren Buffett are recognized as having the standing to make bold public statements, while the majority of executives choose to maintain a low profile.
- The period of strategic silence by companies may be ending, with a potential shift towards more assertive stances against policies deemed detrimental to business interests.
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