• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Finance

This CEO Says Joe Biden Called Business Leaders ‘a Bunch of Cowards’

Lucinda Shen
By
Lucinda Shen
Lucinda Shen
Down Arrow Button Icon
Lucinda Shen
By
Lucinda Shen
Lucinda Shen
Down Arrow Button Icon
September 27, 2017, 4:01 PM ET

Marriott CEO Arne Sorenson says then-Vice President Joe Biden told him in the early 2010s that “You business leaders are all a bunch of cowards because you won’t speak out…and you have no influence.”

Sorenson was speaking at the Skift Global Forum Wednesday after being asked why CEOs were speaking out against the White House instead of avoiding the political risk.

Biden did not immediately respond to Fortune‘s request for comment.

Biden’s alleged comments came after roughly 10 chief executives met with Obama at the White House to discuss the fiscal cliff, Sorenson, who donated to Republican Mitt Romney’s presidential run in 2012, said.

Still, years later in the era of Donald Trump, CEOs are responding. While they traditionally avoid making political statements, since President Donald Trump’s election in November, business titans such as Tesla’s Elon Musk have criticized President Trump for leaving the Paris Agreement, while former Starbucks chief Howard Schultz spoke out about gun control and race relations.

Sorenson has spoken out against Trump’s travel bans, an issue that could potentially hurt the U.S. tourism industry. According to Sorenson, the emotional response to Trump’s presidency, in which the president has urged supporters to stop being politically correct, has also forced Marriott to look at its own brand.

“It’s something we continue to talk about think about,” Sorenson said Wednesday. “When do you speak and when do you not speak?…[The public] wants to know what does the company stand for.”

More recently, a Muslim-American advocacy group pushed Marriott to cancel a controversial national convention organized by ACT for America. ACT has often been described as an anti-Muslim hate group. Marriott however refused to do so.

“The fact that they are having a meeting with us and using our hotel does not mean we support their point of view. If I could wave a magic wand, I’d love to have it so that those types of groups never exist,” he said. But, he said “Do we really want, as a society, for companies like Marriott and o ur peers in the industry and others to sit and make judgements… on people sitting in our meeting rooms?”

Earlier this year after a woman was killed at a Charlottesville counter-protest of white supremacists, GoDaddy, Google, and Cloudflare all kicked neo-Nazi site The Daily Stormer off their services, while Airbnb dropped users that planned to attend the Charlottesville white supremacist rally.

About the Author
Lucinda Shen
By Lucinda Shen
See full bioRight Arrow Button Icon

Latest in Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Finance

Eddie Bauer
RetailRetail
Eddie Bauer’s retail operator declares bankruptcy as younger shoppers view the brand as ‘old-fashioned and a bit irrelevant’
By Anne D'Innocenzio and The Associated PressFebruary 9, 2026
3 hours ago
Personal FinanceSavings
Best money market accounts of February 2026
By Glen Luke FlanaganFebruary 9, 2026
3 hours ago
CryptoDonald Trump
The Trump family’s crypto portfolio is getting battered with the rest of the industry—but Melania’s memecoin has fared surprisingly well
By Ben WeissFebruary 9, 2026
4 hours ago
Personal Financechecking accounts
Best checking account bonuses for February 2026
By Glen Luke FlanaganFebruary 9, 2026
4 hours ago
take off
InvestingMarkets
Why you shouldn’t worry about AI eating the stock market, top analyst says. The U.S. economy is ‘about to take off’
By Nick LichtenbergFebruary 9, 2026
6 hours ago
A sign outside of a home with Guthrie’s name on it
CryptoCryptocurrency
Nancy Guthrie’s family faces $6 million Bitcoin ransom demand for 5 p.m. ET: How such a payment would take place
By Carlos GarciaFebruary 9, 2026
6 hours ago

Most Popular

placeholder alt text
Economy
Elon Musk warns the U.S. is '1,000% going to go bankrupt' unless AI and robotics save the economy from crushing debt
By Jason MaFebruary 7, 2026
2 days ago
placeholder alt text
Economy
China might be beginning to back away from U.S. debt as investors get nervous about overexposure to American assets
By Eleanor PringleFebruary 9, 2026
13 hours ago
placeholder alt text
AI
As billionaires bail, Mark Zuckerberg doubles down on California with $50 million donation
By Sydney LakeFebruary 9, 2026
8 hours ago
placeholder alt text
C-Suite
Meet Jody Allen, the billionaire owner of the Seattle Seahawks, who plans to sell the team and donate the proceeds to charity
By Jake AngeloFebruary 9, 2026
5 hours ago
placeholder alt text
Economy
Russian officials are warning Putin that a financial crisis could arrive this summer, report says, while his war on Ukraine becomes too big to fail
By Jason MaFebruary 8, 2026
1 day ago
placeholder alt text
Commentary
America marks its 250th birthday with a fading dream—the first time that younger generations will make less than their parents
By Mark Robert Rank and The ConversationFebruary 8, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.