Wow, If You Doubted That Obama Was Going Corporate, Look Who's Replacing Volcker

jeff immelt GE

That’s right, it’s him —- >

The GE CEO has been tapped to replace Paul Volcker as head of Obama’s recovery panel.

In a Washington Post op-ed, he writes his “blueprint for keeping America competitive.”

It comes down to three areas:

  • Manufacturing & Exports
  • Free trade
  • Innovation

Details are incredibly scarce, but then it doesn’t really matter. Just the symbolism of the GE CEO replacing the man who gave us the Volcker rule couldn’t be more crystal clear.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at