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Transcript

00:00:00
>> Jobs, was one of our->> The CEO of US drug company Merck on Monday quitting a White House business panel criticizing President Donald Trump's leadership in response to a deadly White Nationalist rally in Virginia. And the White House swiftly hitting back at him. Merck CEO Kenneth Frazier saying in a statement released on Twitter I am resigning from the President's American Manufacturing Council.
00:00:24
Adding, America's leaders must honor our fundamental values by clearing rejecting expressions of hatred, bigotry and group supremacy. As CEO of Merck and as a matter of personal conscience I feel a responsibility to take a stand against intolerance and extremism. While Frazier's statement Monday did not name Trump. The president responded via Twitter within the hour.
00:00:48
Now that Ken Frazier of Merck Pharma has resigned from President's Manufacturing Council,he will have more time to LOWER RIPOFF DRUG PRICES! The president faced criticism for his initial statement Saturday that many sides were to blame for the violence that left one woman dead and 19 injured after a white supremacist drove his car into a crowd of protesters.
00:01:12
On Monday, Trump called out white supremacists for the first time since the deadly attack, labeling them as repugnant. Frazier is the highest profile business leader to publicly distance himself from Trump. The grandson of a sharecropper, Frazier was the only African American CEO of a large US drug maker when he took the job in 2010.
00:01:33
As Merck's former general counsel, he made a name for himself for a string of legal victories. A graduate of Penn State, he headed a special committee investigating charges of sexual abuse on the school's football team. He joined the President's Manufacturing Council in February. Trump has touted the need for more US manufacturing jobs and criticized pharmaceutical companies over prescription drug prices.