At a five-star resort in California last week, Wall Street executives, fast-food CEOs, a few dozen other industry titans and two former presidents gathered for off-the-record conversations. One subject that inevitably came up, according to two people familiar with the matter: the possibility that former president Donald Trump could return to the White House.
The gathering of the Business Council — an invitation-only association of chief executives — at the Waldorf Astoria Monarch Beach in Dana Point was not supposed to be about the election, but some attendees wound up discussing how to protect themselves and their companies if Trump wins the presidency next week and tries to use the power of the Oval Office against his perceived enemies, said the people, speaking on the condition of anonymity to describe private conversations.
At one event, former president Bill Clinton warned about the dangers Trump poses to democracy and the nation’s rule of law, while former president George W. Bush expressed concern about high tariff rates, which some attendees heard as a rebuke of Trump's tariff plans, two of the people said.
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