Trump needs to be removed from office to preserve democracy, business leaders say


The statement by NAM, the country’s largest manufacturing association, is perhaps the strongest political statement by one of the most important business groups in modern business history.

Pence “is seriously considering working with the Cabinet to take advantage of Amendment 25 to preserve democracy,” said Jay Timmons, chief executive of NAM.

The comments show how shocked Corporate America has been by the ongoing attack on democracy. Founded in 1895, NAM is one of the oldest and strongest business groups in the country, representing small and large manufacturers in all 50 states.

“The outgoing president has incited violence to retain power, and any elected leader who defends him is violating their oath of a constitution and rejecting democracy that supports anarchy,” Timmons said. He added: “This is not law and order. This is chaos. This is the rule of mobs. It is dangerous. This is sedimentation and should be treated as such.”

Jamie Dimon, CEO of JPMorgan Chase, one of America’s leading business leaders, has also condemned the violence in Washington.

“It’s not that we’re like a people or a country. We’re better than that,” Dimon said in a statement. “It is the responsibility of our elected leaders to call for an end to violence, to accept the results, and as our democracy has supported the peaceful transition of power for hundreds of years. Now is the time to unite to strengthen our exceptional union.”

Jeffrey Sonnenfeld, founder of the Yale University CEO’s Leadership Institute, said NAM’s condemnation is unprecedented.

“Everyone in the business community is horrified,” Sonnenfeld told CNN Business.

Sonnfeld agreed with the NAM’s call for Pence and the Cabinet to consider Amendment 25. “The business community is giving them support,” he said.

Similarly, the Business Roundtable, whose CEOs run companies employing nearly 19 million people, called on Trump and other officials to “end the chaos and facilitate a peaceful transition of power.”

“The chaos unfolding in the nation’s capital is the result of illegal efforts to overthrow the legitimate results of democratic elections,” the Business Roundtable said in a statement.

Thomas Donohue, chief executive of the U.S. Chamber of Commerce, called on Congress to convene “tonight to end their constitutional responsibility for adopting the Electoral College report.”

Arvind Krishna, CEO of IBM a beep that the company “condemns today’s unprecedented lawlessness and calls for an immediate end”. The sentencing follows a day after IBM announced the hiring of Gary Cohn, Trump’s former senior consultant.