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Fortune

Jason Ma

CEOs had said they'd speak out against Trump if stocks sink 20%. After the latest meltdown, they're still silent but may be ready to act

Donald Trump FT Elon Musk United States Europe Tesla Inc. White House

(Credit: Joe Raedle—Getty Images)

Corporate executives who gathered at last month's Yale CEO Caucus were surveyed on when they should collectively voice their concerns about President Donald Trump, and most said it would take a 20% drop in the stock market. The Nasdaq and Russell 2000 have already entered bear market territory, while the S&P 500 is getting closer.

CEOs have largely avoided public criticism of President Donald Trump as he rolled out his tariffs, but the recent stock market carnage may trigger a change.

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