Trump Creates ‘American Economic Revival’ Industry Group

Jeff Brody

President Trump has chosen 200 industry leaders as part of the Great American Economic Revival Industry Groups that will work to drive the nation’s economy as it seeks to recover from the coronavirus health crisis.

The White House said Tuesday that the group spans 17 industry areas including agriculture, banking, construction/labor, defense, energy, finance, healthcare, manufacturing, tech, telecommunications and transportation.

According to the statement, Trump selected executives, scholars, economists and other business leaders that will advise and collaborate with the White House on its efforts to “produce a more independent, self-sufficient, and resilient Nation.”

Marillyn Hewson, Kathy Warden and Phebe Novakovic, the respective CEOs of Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC) and General Dynamics (NYSE: GD) as well as 2020 Wash100 Award recipients, were selected for the group under the defense sector.

Other members under the defense category include Honeywell (NYSE: HON) and Raytheon Technologies  (NYSE: RTX) CEOs Darius Adamczyk and Gregory Hayes.

Leaders from Amazon (Nasdaq: AMZN), Fluor (NYSE: FLR), Bechtel, General Electric, Oracle (NYSE: ORCL), Salesforce (NYSE: CRM), Intel (Nasdaq: INTC), IBM (NYSE: IBM), Microsoft (Nasdaq: MSFT), Cisco (Nasdaq: CSCO) and Verizon (NYSE: VZ) are also part of the group.

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