Ballou-Aares is the founder and CEO of the Leadership Now Project, a membership organization of business and thought leaders committed to protecting and renewing American democracy.
Recently, we’ve observed an unsettling trend in the United States — political retribution against companies for their speech, especially when that speech involves disagreement with political leaders. The ongoing conflict between the state of Florida and the Walt Disney Co. serves as a visible and disturbing example. In an effort to address the issue, the Leadership Now Projec t working with pro bono counsel Covington & Burling, on August 2, 2023, filed an amicus brief in Walt Disney Parks v. DeSantis.
Leadership Now’s brief underscores what is at stake when political leaders use their power to punish companies who express alternative views. Political retaliation creates a chilling effect throughout the market, hampers economic growth and deters investment by undermining fundamentals of business and democracy.
Regrettably, the actions of Florida and Gov. DeSantis outlined in the Disney v. DeSantis case are not isolated incidents of government retaliation against businesses. Companies from Delta Airlines to Walgreens have faced the threat or reality of government retaliation after responding to customer opinion, or taking actions in response to state or federal laws. The outcome of the Disney v. DeSantis case will have profound and broad-reaching effects that could significantly undermine the ability of companies to be responsive to the evolving needs and interests of customers, employees and shareholders.
Beyond affecting the targeted company, the threat of political retribution engenders what historian Timothy Snyder terms “anticipatory obedience.” Businesses more broadly may choose not to take certain actions out of fear, thereby reining in their own rights. This self-imposed restraint can limit a company's ability to make decisions about how to manage itself in the best interests of its stakeholders, including choosing when to take action or voice opinions.
Today, firms are under heightened pressure from customers, regulators, employees and shareholders to engage on an ever-expanding range of issues. Companies, whether supporting or opposing a particular policy, or aiming for neutrality, find themselves navigating the treacherous waters of a politically charged environment, fearing both government punitive measures and running afoul of public opinion.
But stepping back from the arena in fear of retaliation inadvertently helps create an environment where companies become ever more susceptible to the whims of political actors and agendas. In the face of corporate retreat from the public sphere, political leaders become ever more emboldened to behave like autocrats, rewarding allies and punishing perceived adversaries. Businesses working to ensure political retribution does not take hold in the U.S. as it has in other countries is in the best interest of firms and of democracy.
Furthermore, as trust in government and media dwindles globally, business leaders have emerged as rare credible figures in a distrustful landscape. According to the 2022 Edelman Trust Barometer, businesses were perceived as the most trusted institutions, and by 2023, they were uniquely viewed as institutions of both competence and ethics. As a trusted group in society, business leaders can navigate these tricky waters by focusing on protecting the fundamentals of democracy without addressing every individual issue that arises from political processes misaligned with citizen interests.
For instance, in August 2023 in Ohio, business leaders — from former Chairman and CEO of Procter & Gamble, John Pepper, to Jeni Britton, Founder of Jeni’s Splendid Ice Creams, firmly defended democracy against an effort to alter the state's century-long rule. The effort aimed to make it more difficult for citizens to approve or win ballot initiatives. The trusted leadership of these business figures played a critical role in the campaign's success in preserving a stable democratic process.
Leadership Now recommends utilizing our Corporate Civic Action Plan or the University of Michigan's Erb Institute Principles for Corporate Political Responsibility, as guidance. Both offer business leaders actionable, non-partisan templates to help determine whether and how to engage in civic and political affairs responsibly.
It is in the collective interest of democracy and a strong economy for businesses to push back on political retribution and use its influence to help restore the fundamental tenets of democracy.



















U.S. President Donald Trump speaks during a“ Steel Across America” event ahead of the 25th anniversary of the Sept. 11th attacks on the Ellipse near the White House on Sept. 8, 2026 in Washington, D.C. President Trump welcomed 9/ 11 first responders to the Tunnel to Towers Foundation’ s“ Steel Across America” event featuring a 16,900- pound, 21- foot steel beam recovered.
For Trump, even 9/11 is an opportunity
There was a reason organizers of the 9/11 ceremony in Manhattan told President Trump he could not speak at this year’s memorial service.
A good one, it turns out.
Because in a speech he gave on Tuesday in Washington, he did exactly what they were presumably worried about — he made it about himself.
According to The New York Times, Trump had wanted a speaking role at the service, but the National Sept. 11 Memorial and Museum, which oversees the site, said no, as they’ve maintained for the past decade-plus that the venue and event should be nonpartisan.
Trump has long used awful tragedies to either puff himself up, trash political opponents, or sell lies to the American people.
He blamed a deadly plane crash at Washington National Airport last year on diversity, equity and inclusion policies. He blamed Puerto Ricans for the devastation they endured after Hurricane Maria in 2017. He reportedly considered withholding disaster relief after the California wildfires based on the way affected regions voted. In an interview on Fox News meant to commemorate the 75th anniversary of D-Day in Normandy, he used the occasion to slam former House Speaker Nancy Pelosi…with graves of the dead behind him.
And now, as we approach the 25th anniversary of what many New Yorkers consider the darkest day in modern history, Trump has done it again.
He told a rambling, nonsensical story — one he’s told before — about going to Ground Zero just after terrorists flew two commercial jets into the twin towers. In the story, which no one has been able to verify, despite multiple attempts, he says firefighters had to carry him out of One Liberty Plaza, also known as the U.S. Steel Building, because they thought it was about to collapse.
As CNN fact checker Daniel Dale notes, there’s no evidence Trump went into this building, especially at a time when NYPD and NYFD had locked down the area. There’s no evidence that building was collapsing — in fact, it was deemed structurally sound and reopened within two months of the attacks. There’s no evidence he was carried out of it by firefighters.
But the lie isn’t even the worst part. Pretend it was all true — why would the leader of our country, and a New Yorker, decide to make that tragic day about himself?
Because that’s who Donald Trump is. He’s a malignant narcissist.
He’s also, incidentally, a terrible and ineffectual president, who’s made ill-fated decisions that he has to keep defending, and there’s nothing he won’t do to make himself look and feel better.
Within the first two minutes of his speech, he was cravenly using 9/11 to justify and promote his dumb war in Iran — two events separated by 25 years and 6,000 miles.
“And I will tell you, we’re right now fighting because we have a certain nation that wanted a nuclear weapon, they were very close to getting it, and now they have no chance at getting it. They will never have a nuclear weapon. Iran will not have a nuclear weapon. And they’ve been punished greatly. As you know, we’ve really taken it to them.”
As a New Yorker who lived through 9/11, still one of the worst days of my life, I’m utterly sickened by Trump’s crass, political, and self-promotional framing of that awful day.
And I’m relieved he won’t be given a platform to do it again on Friday’s anniversary in lower Manhattan.
Because for Trump, everything is his for the taking, and absolutely nothing is sacred.
S.E. Cupp is the host of "S.E. Cupp Unfiltered" on CNN.