AGENCIES, Washington: Reviving the coronavirus pandemic battered American seems to be among the top priority in President Donald Trump’s ‘to-do’ list. He realises that it isn’t going to be an easy task and hence needs a pro-active and experienced think-tank to guide him through before the forthcoming presidential elections in November. Technically, there’s not much time for the Trump administration to work out its strategies in this respect.
Trump has named six Indian-American corporate leaders, including Sunder Pichai from Google and Satya Nadella from Microsoft, to his Great American Economic Revival Industry Groups formed. In addition, Trump has roped in over 200 top American leaders from various industries and sections to create nearly a dozen and half different groups, who will advise him and offer recommendations on how to revive the American economy, which has hit an unprecedented ebb in just a few weeks due to the deadly coronavirus.
“They’re the names that are, I think, the best and the smartest, the brightest. And they’re going to give us some ideas,” Trump told media at his daily White House briefings on Tuesday.
In addition to Pichai and Nadella, the president has named IBM’s Arvind Krishna and Micron’s Sanjay Mehrotra to the Tech Group. Other members of the group are Apple’s Tim Cook, Oracle’s Larry Ellison and Facebook’s Mark Zuckerberg.
Indian-American Ann Mukherjee from Pernod Ricard has been named to the manufacturing Group, which among others include Caterpillar’s Jim Umpleby III; Tesla’s Elon Musk, Fiat Chrysler’s Mike Manley, Ford’s Bill Ford and General’s Mary Barra.
Ajay Banga from Mastercard has been named to the Financial Services Group along with, among others, Al Kelly from Visa, Blackstone’s Stephen Schwarzman; Fidelity Investment’s Abigail Johnson and Intuit’s Sasan Goodarzi.
The various groups created by Trump are: agriculture, banking, construction/labour/workforce; defence, energy, financial services, food and beverages, healthcare, hospitality, manufacturing, real estate, retail, technology, telecommunication, transportation, sports and thought leaders.
The chosen groups of leaders will work together with the White House to chart the path forward toward a future of unparalleled American prosperity, the White House said.
“The health and wealth of America is the primary goal, and these groups will produce a more independent, self-sufficient, and resilient nation,” the White House said in a statement.
The global economy will this year likely suffer the worst financial crisis since the Great Depression, the International Monetary Fund warned on Tuesday, as governments worldwide grapple with the COVID-19 pandemic.
More than 16 million Americans have lost their jobs and have filed for unemployment benefits as coronavirus death toll in the United States crossed 25,000 on Tuesday with the country witnessing the highest single-day tally of 2,129.