President Trump disbanded his manufacturing council before more CEOs could resign. Before Trump's announcement, some CEOs, including Inge Thulin, the chairman and CEO of 3M (MMM - Get Report) announced their resignations. Pressure has been mounting on CEOs to step down from President Donald Trump's American Manufacturing Council, after the leaders of Merck (MRK - Get Report) , Under Armour (UAA - Get Report)  and Intel (INTC - Get Report)  quit Monday.

The CEOs quit over Trump's lukewarm response to racist violence over the weekend in Charlottesville.

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