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Political Economy Archive: Add categoryPresident's Council on Jobs and Competitiveness

Is GE's Jeffrey Immelt the right choice to head the new economic advisory council?

Until this week, General Electric chief executive Jeffrey Immelt, the successor to the legendary Jack Welch, remained largely under the radar in Washington. While he has served as a an informal adviser to the administration on business issues for years, he had never been a celebrity CEO like Welch. That changed when Immelt's name showed up as being seated at the head table with President Obama and President Hu during the state dinner for the Chinese.Then came Friday's announcement that highly respected former Federal Reserve chairman Paul Volcker would step down from his role advising the administration and that Immelt would head up a new economic advisory council focused on job creation and competitiveness

By Ariana Eunjung Cha  | January 21, 2011; 12:04 PM ET  |  Permalink  |  Comments (36)
Categories:  Add categoryPresident's Council on Jobs and Competitiveness, White House  
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