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 3M Company 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 Merck & Co., Inc. Report , Under Armour (UAA) - Get Under Armour, Inc. Class A Report and Intel (INTC) - Get Intel Corporation Report quit Monday.
The CEOs quit over Trump's lukewarm response to racist violence over the weekend in Charlottesville.
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