No chairs provided, arriving an hour late! Industry giants like Jensen Huang and Tim Cook left waiting, Trump meets over 100 global business CEOs at Davos.
Trump kept over 100 of the world’s top business executives standing and waiting for more than an hour at a private reception held during the Davos World Economic Forum. On January 22, according to the Wall Street Journal, the event, originally scheduled to begin at 5pm local time on Wednesday (January 21), did not see the main guest arrive until after 6:30. **No seats were provided at the venue, so business leaders such as Nvidia CEO Jensen Huang, Apple CEO Tim Cook, and BlackRock CEO Larry Fink could only stand beside high tables and wait.** The report noted that, due to a tight schedule and other important dinners that evening, some executives were dissatisfied with the delay. **JPMorgan Chase CEO Jamie Dimon had to leave before Trump’s arrival to attend his own company’s event at the Kirchner Museum.** Bank of America CEO Brian Moynihan did not attend the reception. **In his approximately 15-minute speech, Trump touched on several topics, including the US economy and regime change in Venezuela, and singled out several executives for praise, including Cook.** He also said, "Sometimes you need a dictator," then added that **his own style of governance is “common sense.”** A White House spokesperson responded that Trump’s critics would baselessly label him a dictator, but everything the president does is based on common sense and national interest. This was the first time since 2020 that a sitting US president attended the Davos World Economic Forum. According to a previous article in Wallstreetcn, Trump’s earlier public speech that day was considered to have eased tensions with European countries over the Greenland issue. At the reception that day, Trump said he was satisfied with the public response to his speech. **The Power Game of Standing and Waiting** According to reports, the reception was held in a room in the Davos Conference Center laid with gray carpet and bright ceiling lights. There were many high tables but no chairs, and executives could only stand and wait. According to informed sources, guests drank water and wine while waiting. **JPMorgan CEO Jamie Dimon had to leave early to preside over his company's event at the Kirchner Museum that night. Participants also tried to interpret which business leaders at Davos were absent. Although almost all US major bank CEOs attended, Bank of America CEO Moynihan was not present.** When Trump finally arrived, attendees applauded. BlackRock CEO Fink introduced the president and thanked him for "speaking out" at this year's forum. Trump delivered his speech from a temporary podium just a few feet from the executives. Trump singled out several executives for praise during his speech. He commended BlackRock’s Fink for taking on more responsibility after Klaus Schwab, the founder of the World Economic Forum, stepped down as executive chairman last year. Trump told the CEOs: > "I heard that Larry is more or less taking it over, he called me and said, ‘Can you do me a favor? Can you come?’ We’ve had some very good business dealings." Apple CEO Tim Cook received special praise. Cook is widely viewed as one of the CEOs most adept at dealing with the Trump administration. Trump said: **"He’s great, did a terrific job, I don’t know how many do it better than Tim."** Trump then told other executives to "get moving." During the speech, Trump said: > "America is doing very well now, so well that no one thought it was truly possible, certainly not this quickly. Everyone’s making a lot of money. Everyone’s investing in America." **Comments on "Dictator" Spark Attention** According to the report, Trump said at the reception that he was pleased with the response to his public speech a few hours earlier. That speech was seen as having eased tensions over the Greenland issue with European countries. The latest reports say that Denmark's leaders said Thursday that the dispute over the Arctic territory remains "difficult and serious." "Our speech was well received," Trump said. "Usually they say he's a terrible dictator type person. But sometimes you need a dictator." He then added that his governing style was all about "common sense." **According to attendees, people reacted to Trump’s dictator comments with a mix of skepticism and humor, acknowledging it was not the first time he had made such remarks. During the 2023 campaign, Trump said he would not act as a dictator, “except for the first day.”** White House spokesperson Desai said, "Crazy critics in the media and on the left will baselessly call him a dictator, but everything President Trump does is based on common sense and what’s best for our country." After the speech, Trump shook hands with many executives, and participants said his overall mood was positive. According to reports, Trump economic adviser and Federal Reserve chair candidate Hassett, as well as the director of the Centers for Medicare & Medicaid Services Dr. Mehmet Oz, interacted with executives including Bridgewater co-CEO Nir Bar Dea and Meta President Dina Powell McCormick. 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