White House Reportedly Launches A Scorecard Rating 500+ Companies On Trump Loyalty — Who's Listed And How Ratings Are Determined

Yahoo

2 hours ago

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
The White House has reportedly created a rating system to evaluate the support of corporate America for President Donald Trump's 'One Big Beautiful Bill' and other policies.
White House Rates 553 firms on support for Trump policies
The White House has developed a scorecard evaluating 553 companies and trade associations on their support for the 'One Big Beautiful Bill' and other Trump policies. Distributed among senior staff, the ratings will serve as a reference when reviewing corporate requests, according to Axios.
The rating system evaluates multiple factors, including social media activity, press releases, video testimonials, advertisements, participation in White House events, and other forms of engagement connected to the OB3. Based on these criteria, companies are classified as strong, moderate, or low supporters.
Trending: The same firms that backed Uber, Venmo and eBay are investing in this pre-IPO company disrupting a $1.8T market —
The system is also expected to evolve as it will include the companies' engagement with other presidential initiatives. The official responsible for the rating system stated, 'If groups/companies want to start advocating more now for the tax bill or additional administration priorities, we will take that into account in our grading.'
White House Lists Major Companies as Key Supporters of Bill, Other Trump Initiatives
Some of the companies that have been identified as 'good partners' by the White House include Uber (NYSE:UBER), DoorDash (NYSE:DASH), United (NASDAQ:UAL), Delta (NYSE:DAL), AT&T (NYSE:T), Cisco (NASDAQ:CSCO), Airlines for America, and the Steel Manufacturers Association.
The support from these corporations has been evident in various ways. DoorDash deliverer Maliki Krieski, for instance, publicly supported the bill at a White House event. Uber celebrated the 'No Tax on Tips' provision, a part of the bill, on a blog for drivers. Cisco's CEO, Chuck Robbins, expressed his approval of the corporate tax provisions in the bill on social media. AT&T announced plans to expedite fiber infrastructure development, attributing it to the bill.CEOs Show Growing Support For Trump's Key Economic Policies
In the recent past, several CEOs have openly supported Trump's policies and initiatives, whether it's related to tariffs, manufacturing in the U.S., or the spending bill. For instance, Apple (NASDAQ:AAPL) CEO Tim Cook presented Trump with a 24-karat gold-based plaque after securing an exemption from a 100% chip tariff.
Similarly, Nvidia (NASDAQ:NVDA) CEO Jensen Huang hailed Trump's efforts to re-industrialize technology manufacturing, stating that it was the right move for the nation.
At the same time, OpenAI CEO Sam Altman had a change of heart on Trump. He later admitted that his perspective on the President had evolved after observing him more closely. These examples illustrate the impact of corporate support on the Trump administration's policies.
Read Next:
'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. You can invest today for just $0.30/share.
If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it?
Image via Shutterstock
This article White House Reportedly Launches A Scorecard Rating 500+ Companies On Trump Loyalty — Who's Listed And How Ratings Are Determined originally appeared on Benzinga.com