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Exxon Mobil, after Trump's fundraising remarks, says its CEO and Trump had no phone call

10/19/2020 | 10:43pm EST
Darren Woods, Chairman & CEO of Exxon Mobil Corporation speaks during a news conference at the NYSE

(Reuters) - Exxon Mobil Corp said there had been no phone call between its chief executive, Darren Woods, and President Donald Trump after the president invoked the company's name at a rally in Arizona on Monday when he said he could raise more money than his Democratic rival Joe Biden.

Trump, at the rally, said he could raise large sums of money if he wanted to by calling oil and Wall Street executives. He proceeded to paint a scenario of what he could do - though Trump said he would not actually make the kind of phone call he described.

"We are aware of the President's statement regarding a hypothetical call with our CEO...and just so we're all clear, it never happened," Exxon said on Twitter.

Trump told the rally: "Don't forget, I'm not bad at that stuff anyway, and I'm president. So I call some guy, the head of Exxon. I call the head of Exxon. I don't know."

Trump went on to describe a hypothetical conversation: "How are you doing? How's energy coming? When are you doing the exploration? Oh, you need a couple of permits?"

"When I call the head of Exxon I say, 'You know, I'd love (for you) to send me $25 million for the campaign.' 'Absolutely sir,'" Trump added.

"I will hit a home run every single call," Trump said. "I would raise a billion dollars in one day if I wanted to. I don't want to do that."

Trump, who has been trailing Biden in opinion polls, has also been trailing his Democratic rival in fundraising. Trump's re-election campaign and the Republican National Committee started the last full month before the Nov. 3 election with $251.4 million in cash, after raising $247.8 million in September. The intake was about $135 million less than what Biden raised in September.

(Reporting by Kanishka Singh; Editing by Leslie Adler)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
EXXON MOBIL CORPORATION -1.52% 40.19 Delayed Quote.-42.40%
LONDON BRENT OIL 1.13% 48.24 Delayed Quote.-27.73%
WTI 1.29% 45.54 Delayed Quote.-26.73%
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