President Barack Obama has drafted Secretary of State Hillary Clinton to help him sell his jobs agenda to a wary Congress and American public.
Clinton, the most popular figure in American government, will host Obama’s Council on Jobs and Competitiveness on Friday at the State Department to discuss ways to grow foreign direct investment and increase domestic investment.
It’s a major shift for Clinton, who has largely been above the fray between Congress and Obama, with a heavy foreign policy agenda due to the Arab Spring — and inserting her into the debate seems to be an attempt by the Obama administration to capitalise on her popularity.
She will be joined by GE Chairman and President’s Jobs Council Chairman Jeff Immelt, Kodak CEO Antonio Perez, and UBS President Robert Wolf.
The White House press release for the event is below:
THE WHITE HOUSE
Office of the Press Secretary
FOR IMMEDIATE RELEASE
October 5, 2011
FRIDAY: Secretary of State Hillary Clinton to Host the President’s Council on Jobs and Competitiveness for a Listening and Action Session on Increasing Inbound Direct Investment in the United States to Help Create Jobs and Grow the Economy
Secretary Clinton, Acting Secretary Blank to join Jobs Council Members, business leaders to discuss critical importance of US open investment policy and ways to increase inbound direct investment in the United States
WASHINGTON, DC – On Friday, October 7th, the President’s Council on Jobs and Competitiveness will hold a Listening and Action Session with Secretary of State Hillary Rodham Clinton, Acting Secretary of Commerce Rebecca Blank, GE Chairman Jeff Immelt, CEO of Kodak Antonio Perez, UBS Investment Bank President Robert Wolf as well as business leaders and stakeholders to discuss the critical importance of further strengthening inbound foreign direct investment in the United States. Investments by foreign-based companies as well as increasing domestic investment create well-paid jobs, contribute to economic growth, boost productivity, and support American communities. In June, President Obama signed an executive order creating SelectUSA – the first-ever government-wide initiative to attract and retain U.S. business investment.
The President’s Council on Jobs and Competitiveness, as part of a series of recommendations to the President to promote private sector job creation, has recommended a heightened focus on continuing to grow foreign direct investment and increase domestic investment as a way to support job creation and encourage economic growth. On Friday, senior Administration officials and Members of the Jobs Council will hear firsthand from business leaders and discuss critical steps we can take to increase investment in the United States.
FRIDAY, OCTOBER 7th
President’s Council on Jobs and Competitiveness Listening and Action Session on Increasing Inbound Direct Investment in the United States to Help Create Jobs and Grow the Economy
U.S. Secretary of State Hillary Rodham Clinton
Acting U.S. Secretary of Commerce Rebecca Blank
Chairman of GE and President’s Jobs Council Chairman Jeff Immelt
CEO of Kodak and President’s Jobs Council Member Antonio Perez
President, UBS Investment Bank and President’s Jobs Council Member Robert Wolf
These senior Administration officials and Members of the President’s Jobs Council will be joined for the discussion by a diverse group of CEOs, business leaders and stakeholders.
Location: Benjamin Franklin Room
Department of State
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