Corporate America's Trump trap

America's corporate titans greeted President Trump's 2024 victory with open checkbooks, 12-figure investment pledges and fawning tributes to his coming "Golden Age."Two years later, on the eve of a potential blue wave, Democrats are preparing to greet those same executives with a stack of subpoenas.Why it matters: The CEOs who staked their reputations and fortunes on MAGA's staying power could spend the final two years of Trump's presidency defending their dealings under oath.The big picture: A Democratic House would carry its campaign against billionaire power and corruption deep into corporate America, scrutinizing the relationships between Trump's White House and the executives who courted him.Corporate leaders now face a delicate balancing act: rebuilding ties with Democrats while avoiding retaliation from a president who still controls federal contracts, tariffs and regulators.Already, companies that scrambled to dismantle DEI programs or fund Trump's ballroom are hiring Democratic lobbyists, pushing back against the administration and rediscovering the virtues of bipartisanship.Zoom in: Elon Musk is taking a more confrontational approach.

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