Leaked White House spreadsheet reveals Trump’s secret rankings of U.S. companies by loyalty
Donald Trump has reportedly drawn up a corporate “scorecard,” ranking hundreds of U.S. companies according to their loyalty to his administration and its economic priorities.
The unusual list, said to cover 533 businesses and trade associations, grades organizations on how strongly they have backed the president’s agenda—particularly his signature tax and spending package, dubbed “One Big Beautiful Bill” (OB3).
Firms that scored well often went out of their way to publicly highlight the benefits of Trump’s policies. For example, Uber praised the president’s proposal to eliminate taxes on tips, while AT&T touted its accelerated fiber rollout thanks to OB3’s pro-investment provisions.
According to reporting by Axios (Axios), the scorecard is being used to guide White House decisions on corporate requests. Companies’ ratings—classified as strong, moderate, or low—are reportedly influenced by actions such as press releases, advertisements, social media activity, video testimonials, participation in White House events, and broader engagement with Trump’s policy goals.
Among those described as “good partners” are DoorDash, United Airlines, Delta Air Lines, Uber, AT&T, Cisco, Airlines for America, and the Steel Manufacturers Association. Airlines for America, which represents major U.S. carriers, applauded OB3’s $12.5 billion investment in air traffic control (Airlines for America), while AT&T underscored the law’s impact on network infrastructure.
An administration official told Axios the list “helps us see who really goes out and helps vs. those who just come in and pay lip service.” The same official added: “If groups/companies want to start advocating more now for the tax bill or additional administration priorities, we will take that into account in our grading.”
It remains unclear which businesses fared poorly, but analysts suggest clean energy firms may be among them. Many had criticized OB3’s rollback of renewable energy incentives.
The president has also clashed with Wall Street executives in recent weeks. Trump lashed out at Goldman Sachs CEO David Solomon for warning tariffs would harm the U.S. economy, mocking him on Truth Social (Truth Social) for his side gig as a DJ. Similarly, Trump accused JPMorgan Chase and Bank of America of refusing to accept more than $1 billion in deposits.
In response, Trump signed an executive order prohibiting banks from discriminating against clients on political grounds (Federal Register), a move financial observers say could further strain the industry.
Meanwhile, the White House has published a separate tracker highlighting what it calls the “Trump effect”—a list of new corporate investments in U.S. manufacturing, production, and technology during his second term. The administration has increasingly relied on protectionist tools, offering tax relief for companies that “reshore” jobs while threatening steep tariffs on those that do not.
This climate has prompted business leaders to court favor with the president. Some have offered personal gifts, others partial ownership stakes, in exchange for regulatory or tariff relief.
Last week, Nvidia struck a deal allowing the U.S. government to claim 15% of its China-based revenues, an agreement reached after Trump banned exports of the company’s H20 chips to Beijing (Reuters). The move initially wiped billions from Nvidia’s market value, but the pact enabled sales to resume.
Apple CEO Tim Cook also secured a reprieve by pledging a $100 billion investment in U.S. manufacturing. Alongside that promise, Cook presented Trump with a commemorative glass plaque set on a 24-carat gold base. The president praised Apple’s commitment, declaring: “If you’ve made a commitment to build in the U.S., or if you’re in the process of building in the U.S., as many are, there is no tariff.”
