Sorkin claims corporate leaders fear being attacked or regulated if they publicly criticize the administration’s policies
CNBC “Squawk Box” co-anchor Andrew Ross Sorkin has issued a stark warning that a stock market crash is inevitable, while asserting that American corporate leaders are currently too intimidated to publicly voice criticism of President Donald Trump.
Appearing on CBS’ “60 Minutes” to discuss his book, “1929: Inside the Greatest Crash in Wall Street History – and How It Shattered a Nation,” Sorkin told correspondent Lesley Stahl that corporate leaders are operating under a cloud of intense political anxiety.
“My own view is that most CEOs in America today are very scared to speak out publicly about anything. They are so worried that they are going to be potentially attacked by the administration, or regulated,” Sorkin said. “They’re going to have a merger in front of some agency that’s not going to be allowed to go through. They are so nervous about criticizing anything that’s going on with this administration.”