The President's Strategic and Policy Forum was a business forum created by the U.S. President Donald Trump to give the president perspectives from business leaders on how to create jobs and improve growth for the U.S. economy. It consisted of 16 members chaired by Stephen A. Schwarzman, the co-founder of private equity firm The Blackstone Group, and started holding gatherings in February 2017. [1]
Following the withdrawal of several members, on August 16, 2017, Trump disbanded the Strategic and Policy Forum as well as the American Manufacturing Council. [2] [3]
Former members of the forum: [4]
* Resigned prior to dissolution.
Prior to its dissolution, a number of members had resigned, including Elon Musk (protesting against the US withdrawal from the Paris Climate agreement), [5] Travis Kalanick, [6] [7] Bob Iger, Ken Frazier, Brian Krzanich, Kevin Plank, Stephen Schwarzman and Jamie Dimon. Most of the resignations were in protest of President Trump's statements regarding the 2017 Unite the Right rally in Charlottesville, Virginia. [8]
On August 16, 2017, following five members' resignations, President Trump announced via Twitter he was disbanding the forum. [2]
James Dimon is an American billionaire business executive and banker, who has been the chairman and chief executive officer of JPMorgan Chase since 2005. He has also been on the board of directors of the Federal Reserve Bank of New York. Dimon was included in Time magazine's 2006, 2008, 2009, and 2011 lists of the world's 100 most influential people. Forbes estimated his net worth at $1.6 billion as of June 2023. He serves on the board of directors of several non-profit institutions; including the Business Roundtable, New York Jobs CEO Council, the Bank Policy Institute, and the Harvard Business School. In the past he served as chairman of the Business Roundtable, and he is the current chairman of the Bank Policy Institute.
Stephen Allen Schwarzman is an American billionaire businessman. He is the chairman and CEO of the Blackstone Group, a global private equity firm he established in 1985 with Peter G. Peterson. Schwarzman was briefly chairman of President Donald Trump's Strategic and Policy Forum.
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Travis Cordell Kalanick is an American businessman best known as the co-founder and former chief executive officer (CEO) of Uber. Previously he worked for Scour, a peer-to-peer file sharing application company, and was the co-founder of Red Swoosh, a peer-to-peer content delivery network that was sold to Akamai Technologies in 2007.
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Brian Matthew Krzanich is an American engineer. Krzanich joined Intel as an engineer in 1982 and served as chief operating officer (COO) before being promoted to CEO in May 2013. During Krzanich's term as CEO, Intel went through major restructurings and pulled out of the mobile chip market. Because of Krzanich's decisions, Intel also struggled to produce 10-nanometer chips, compared to chip manufacturers TSMC and Samsung, resulting in numerous delays and a loss of market share in the computer chip business to rivals like AMD.
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The Bloomberg Billionaires Index, launched in March 2012, is a daily ranking of the world's 500 richest people based on their net worth. It features a profile of each billionaire, and includes a tool that allows users to compare the fortunes of multiple billionaires. The index is updated every day at the close of trading in New York.
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