Trump to hold town hall meeting with
about 50 business leaders
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[April 04, 2017]
By David Shepardson
WASHINGTON (Reuters) - President Donald
Trump plans to hold a town hall meeting with about 50 business leaders
on Tuesday at the White House to talk about ways of improving the
business climate, his administration said on Monday.
The meeting, which will include the chief executives of Citigroup Inc,
Blackstone Group LP, JetBlue Airways Corp, Mastercard Inc and the New
York Stock Exchange, will involve discussions on infrastructure,
modernizing government, workforce development and creating a
pro-business climate.
It comes as the administration is shifting its focus to tax reform and
possibly a major investment in infrastructure after suffering a major
setback when a Trump-backed healthcare reform package failed to win
enough support to pass the House of Representatives.
The town hall is an "opportunity to discuss policies to create a
pro-business climate with top Partnership CEOs from all industries,"
White House spokeswoman Lindsay Walters said
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Trump has held a series of meetings with chief executives and other
business leaders since taking office in January as he has prodded
companies to add U.S. jobs and asked how government could reduce
regulations to boost economic growth.
The town hall is scheduled to last an hour and 45 minutes and include
banking, private equity and hedge funds, insurance companies and others.
Also taking part will be Transportation Secretary Elaine Chao, House
Majority Leader Kevin McCarthy, Commerce Secretary Wilbur Ross and
Ivanka Trump, the president's daughter and a senior adviser.
Among the business leaders attending are senior executives from General
Electric, Hearst, HSBC Bank USA, Interpublic Group, Vornado Realty
Trust, Centerbridge Partners and Paulson & Co.
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President Trump looks up while attending a meeting at the White
House. REUTERS/Kevin Lamarque
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Trump, who was a real estate mogul before entering the White House,
has pledged to use his business acumen to revitalize the American
economy and create millions of jobs.
While the Republican president has begun the process of rolling back
some labor and environmental regulations that he said were harming
businesses, the administration has yet to secure a significant
legislative victory to support his efforts to boost the economy.
Trump has also proposed sweeping cuts in government regulations and
signed an executive order to roll back some energy rules.
Last week, the White House said Trump had named his son-in-law,
Jared Kushner, already a White House senior adviser, to take on the
additional task of overseeing an effort to overhaul the federal
government.
(Reporting by David Shepardson; Additional reporting by Ayesha
Rascoe; Editing by Peter Cooney)
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