President Trump’s business allies start to distance themselves from him after Capitol Hill riot – CNBC

Getty Images After years of defending and sticking by him, several of President Donald Trump’s allies in the business world started to distance themselves from him after Wednesday’s deadly riot on Capitol Hill.

“Bye, bye, Ted Cruz, Josh Hawley and Donald Trump,” one of the president’s top campaign bundlers said, also mentioning the two Republican senators who led objections to Joe Biden’s Electoral College victory.

A former White House official, who worked with business leaders while in the administration, was just as blunt when asked whether corporate figures would side with Trump after Wednesday’s riot, which the president incited.

After the riot on Wednesday, executives at the private equity giant Apollo Global Management, which was founded by Trump ally Marc Rowan, sent a memo to staff condemning the attacks on the Capitol, a company spokeswoman told CNBC.

She also pointed to an open letter signed by members the Partnership for New York City, which called on Congress to accept the Electoral College results showing Biden had won the election.

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