Anthony Scaramucci, former Trump White House communications director, said that two days after former President Trump attended the quarterly business roundtable meeting attended by more than 80 CEOs, including Apple’s Tim Cook and Blackstone’s Stephen Schwarzman, some CEOs said, ‘ He suggested that he has ‘Trump Nesia’.
“It’s a little bit Trump-oriented,” Scaramucci told Alex Witt in an interview on MSNBC. “These people have criticized him multiple times. For some reason, they have now decided to switch to him because of these little policy promises he is offering.”
“He’s a chaotic candidate,” Scaramucci added. “I want to remind these people that he was not happy when he was president.”
During the event, Trump announced a corporate tax rate cut. Trump’s signature tax plan and one of his few legislative achievements during his presidency cut the corporate tax rate from 35% to 21%.
But Scaramucci said he believes a Trump election would be dangerous for the country because he would fuel inflation.
“The mix of inflation and general instability that President Trump will bring is dangerous,” he said.
According to Scaramucci, President Trump plans to deport 15 million people and increase tariffs by 20%.
President Biden was also invited to the event, but instead attended the European G7 summit and dispatched White House Chief of Staff Jeff Zients instead. As CNBC reported, Trump was “meandering” during the meeting.
“He was better at rallies where he could talk about electric boats and sharks,” he added. “He’s much better at explaining economic policy in front of Fortune 500 companies than he is at actually explaining it,” Scaramucci said.
Recently, the Wall Street Journal and Politico published stories about how CEOs are becoming risk-averse and starting to support Trump over Biden.
But Jeffrey Sonnenfeld, president of the Yale Institute for Executive Leadership, which hosts the annual CEO Business Roundtable, which draws many Business Roundtable attendees, told The Hill that he does not believe CEOs support Trump.
“Not one Fortune 100 CEO has donated a single penny to him. This means that from Taft to Coolidge, Eisenhower, Nixon, Reagan and the Bushes all regularly have over 50% of leading CEOs,” Sonnenfeld told The Hill. “CEOs are not isolationists, protectionists or xenophobes.
“Other than two or three prominent CEOs, there is no one vocally or financially supporting Trump. “This is the first time this has happened in American history,” he added.
The Hill has reached out to the Trump campaign for comment.
