
Presidents and Business Leaders Is not a New Thing
President Trump’s working with Elon Musk, a very wealthy business leader and CEO of a few major businesses he created, has been front and center in the news for a few months now. This is not the first time that one of our Presidents cast their fate with a major business leader. This is all laid out in Tevi Troy’s delightful new book, The Power and the Money. Troy, a presidential historian, has written four previous books and decided this time to take a unique view of the Presidency. He looks at the past 27 Presidents beginning with U.S. Grant and the major business leaders with whom they have interacted. There are legendary names such as Ford, Rockefeller, and J.P. Morgan. There are more modern names such as Jack Welch, Warren Buffet, and Lee Iacocca. There are the current leaders such as Musk, Gates, Cook, and Zuckerberg. This is not dry material. It is filled with fascinating stories of interactions between Presidents and people who provided them unique advice regarding the economy at the time. My favorite story is about the indomitable Lyndon Johnson and Hollywood legend Lew Wasserman. LBJ began to rely on Wasserman for advice and wanted access to him at… Read More