President-elect Donald Trump announced on Friday the formation of a President’s Strategic and Policy Forum to advise him on job creation and the economy.
According to the release, the forum “will be called upon to meet with the President frequently to share their specific experience and knowledge” and is expected to hold its first meeting at the White House in February, after Trump takes office.
The list of members announced so far includes Mary Barra, CEO and chairman of General Motors, Ginni Rometty, CEO of IBM, and Jamie Dimon, CEO and chairman of JPMorgan Chase.
After reports in November that Trump was considering nominating Dimon as secretary of the treasury, Fortune reported that Dimon had declined the position. NBC News’ Hallie Jackson then reported that Dimon was “never under consideration” for the job anyway, according to a top transition source, and that Trump “doesn’t respect” the executive.
Read the full list below:
Stephen A. Schwarzman (Forum Chairman), Chairman, CEO, and Co-Founder of Blackstone
Paul Atkins, CEO, Patomak Global Partners, LLC, Former Commissioner of the Securities and Exchange Commission
Mary Barra, Chairman and CEO, General Motors
Toby Cosgrove, CEO, Cleveland Clinic
Jamie Dimon, Chairman and CEO, JPMorgan Chase & Co
Larry Fink, Chairman and CEO, BlackRock
Bob Iger, Chairman and CEO, The Walt Disney Company
Rich Lesser, President and CEO, Boston Consulting Group
Doug McMillon, President and CEO, Wal-Mart Stores, Inc.
Jim McNerney, Former Chairman, President, and CEO, Boeing
Adebayo “Bayo” Ogunlesi, Chairman and Managing Partner, Global Infrastructure Partners
Ginni Rometty, Chairman, President, and CEO, IBM
Kevin Warsh, Shepard Family Distinguished Visiting Fellow in Economics, Hoover Institute, Former Member of the Board of Governors of the Federal Reserve System
Mark Weinberger, Global Chairman and CEO, EY
Jack Welch, Former Chairman and CEO, General Electric
Daniel Yergin, Pulitzer Prize-winner, Vice Chairman of IHS Markit
He’s not draining the swamp he’s stocking it…and everyone of um is obligated to serve in the best interest of STOCKHOLDERS and workers …never.
So what happens when their stocks surge in value as a result of being in this exclusive club of insiders with privileged information & access?
Yup, everyone of them knows the pain of the Rust Belt voter.
narrative matters.
Right now unemployment is at 4.6% across the board; 2.5% for college graduates. Statistically, it could get lower, but this is unlikely. The lowest rate was in May, 1953 when it was 2.5% at the height of the post war boom when manufacturing was in a golden age. Overall average for 1953 was 2.93%. It’s more likely that employment will hover around and stabilize at 4.5% or increase. If unemployment increases under Trump, as seems likely, if only due to regression to the mean, how will that be explained away?
But the question is where would this panel of experts suggest that new jobs come from? Barring that is some kind of reactionary keynesianism with work created by vast expenditures of public money?
Are there more wars in our future?
Jack Welch (!) knows an awful lot about creating new jobs in the rust belt.