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Starbucks' Howard Schultz says he's not running for president in 2020

Starbucks executive chairman Howard Schultz said in an...

Posted: Feb 28, 2018 7:49 AM
Updated: Feb 28, 2018 7:49 AM

Starbucks executive chairman Howard Schultz said in an interview Tuesday that he is not running for president in 2020.

"No, I'm not," Schultz responded when asked by Fox Business anchor Maria Bartiromo, adding that he is trying to work toward improving the US as a private citizen.

Asked to clarify whether that means he is not going to run for president, Schultz said: "I said that I am doing everything I possibly can as a private citizen to advance the cause of the country."

Bartiromo followed up with: "It sounds like you're running for president, Howard."

He responded: "No, I didn't say that, come on Maria."

Schultz's comments come amid growing speculation that the billionaire mogul, who stepped down as CEO of the coffee giant in 2017 and is no longer involved in the day-to-day operations of the company, is considering a career in politics.

Schultz has been one of President Donald Trump's most vocal critics in the business world, speaking out against the Trump administration's policies -- from climate change and immigration to taxes and the economy.

"We are robbing from the future of young people in America who ultimately are going to have to pay for a $21 trillion tax deficit," Schultz said in the interview on Tuesday, slamming the Republican tax plan.

According to Schultz, Starbucks received about a $500 million benefit from the tax overhaul, which reduced the corporate tax rate to 21% from 35%.

But Schultz renewed his criticism that Congress "missed an opportunity" to reform the tax system.

"I personally did not believe that America needed a 21% corporate tax cut," Schultz said. "But, as a result of that, we gave a significant part of that tax benefit back to our people on top of what we had already done over the last couple of years. I think we are one of the few companies in America that recognize that in order to really benefit from the tax cut we had to share our success with our people."

In response to the Trump administration's travel ban, Starbucks pledged to hire 10,000 refugees by 2022 -- a move which prompted boycotts from some on the right.

Minnesota Coronavirus Cases

Data is updated nightly.

Cases: 485230

Reported Deaths: 6554
CountyCasesDeaths
Hennepin1006801585
Ramsey43047801
Dakota36254390
Anoka33274384
Washington22065255
Stearns18723201
St. Louis14794262
Scott13273107
Wright12517115
Olmsted1177988
Sherburne871572
Carver771040
Clay690387
Rice670091
Blue Earth593835
Kandiyohi579474
Crow Wing519681
Chisago498445
Otter Tail481870
Benton446190
Winona418049
Mower404131
Douglas392568
Nobles386847
Goodhue385568
Polk342762
McLeod339349
Beltrami337351
Morrison324247
Lyon313044
Itasca312746
Becker310941
Isanti305754
Carlton300149
Steele299711
Pine282016
Freeborn280523
Nicollet258141
Todd247830
Brown244637
Le Sueur235020
Mille Lacs227247
Cass219924
Waseca208917
Meeker207434
Martin189328
Wabasha18623
Roseau180217
Hubbard160640
Houston157314
Dodge15214
Renville149540
Redwood147027
Fillmore13728
Chippewa136335
Cottonwood134820
Pennington134116
Wadena130920
Faribault122917
Aitkin118933
Sibley117310
Watonwan11728
Rock115714
Kanabec107419
Pipestone101424
Yellow Medicine97617
Murray9438
Jackson93510
Swift87918
Pope8025
Marshall77815
Stevens7418
Lake73718
Clearwater71914
Lac qui Parle68316
Wilkin67110
Koochiching61811
Big Stone5163
Lincoln5062
Grant4918
Unassigned47968
Norman4768
Mahnomen4417
Kittson40821
Red Lake3625
Traverse3055
Lake of the Woods2191
Cook1180

Iowa Coronavirus Cases

Data is updated nightly.

Cases: 362189

Reported Deaths: 5414
CountyCasesDeaths
Polk58146549
Linn20653312
Scott18288207
Black Hawk16249291
Woodbury14961211
Johnson1383473
Dubuque13537194
Dallas1135890
Pottawattamie10765143
Story1021645
Warren555274
Clinton543284
Cerro Gordo533681
Webster518787
Marshall496272
Sioux494369
Buena Vista473236
Des Moines457661
Muscatine451191
Wapello4330108
Jasper416966
Plymouth394577
Lee375352
Marion359069
Jones294154
Henry292737
Carroll285548
Bremer280154
Crawford274735
Boone259630
Washington254147
Benton252854
Mahaska224346
Jackson221438
Dickinson217439
Tama213465
Kossuth208154
Clay193525
Hamilton192042
Delaware188839
Winneshiek188427
Buchanan185129
Fayette185035
Page183219
Hardin181039
Wright179731
Harrison179669
Cedar177923
Clayton168053
Butler166331
Mills163120
Floyd162740
Madison154518
Cherokee153935
Poweshiek153730
Hancock146829
Lyon145841
Allamakee145646
Iowa144423
Appanoose139147
Grundy139030
Jefferson138232
Winnebago138230
Cass134151
Calhoun133711
Mitchell130840
Louisa128241
Union126331
Chickasaw125213
Sac124218
Emmet121240
Shelby121033
Franklin118419
Humboldt117425
Guthrie116528
Palo Alto104921
Montgomery103936
Howard103121
Clarke100520
Unassigned9890
Keokuk98129
Monroe93128
Adair91928
Ida91032
Pocahontas85519
Davis82623
Monona81627
Greene77310
Lucas73821
Osceola70514
Worth6987
Taylor66412
Fremont5919
Decatur5789
Van Buren55918
Ringgold52020
Wayne48821
Audubon4869
Adams3264
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