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Business Insider·4 min read·medium

Trump's corporate endorsements put government fingers on the scale of business

Trump's corporate endorsements put government fingers on the scale of business
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President Donald Trump is facing criticism for publicly endorsing specific corporations like Dell and Walmart. Ethics experts argue that these endorsements blur the lines between public office and private gain, potentially distorting market incentives.

Why it matters

The report raises concerns about presidential ethics, the misuse of public office, and the impact of political favoritism on free-market competition.

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Dell CEO Michael Dell and Susan Dell joined President Donald Trump in the Oval Office to celebrate the launch of Trump accounts. Mark Schiefelbein/AP President Donald Trump has repeatedly urged people to buy Dell computers. Presidents haven't traditionally endorsed specific products. Experts are largely resigned to Trump's favoritism of certain companies, while concerned about the impact. In recent days, President Donald Trump has announced Walmart is lowering prices, and took credit. He went further last week when he cheered Michael Dell for funding Trump Accounts to the tune of $6.25 billion. At an Oval Office celebration for the investment accounts for children with the CEO and his wife, Trump issued this exhortation: "Go out and buy a Dell computer." Average Americans may like cheaper groceries or no-cost nest eggs for their kids. They may be pleased that the president is pushing for what he wants from corporate America.

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