Friday, January 21, 2011

Obama names GE's Immelt head of new economic panel

All that MSNBC and GE sucking up has finally paid off big for the guy.

President Barack Obama will name General Electric Co. Chief Executive Jeffrey Immelt to head a new advisory panel focused on promoting economic growth by investing in business, the White House said on Friday.

The new panel, the "President's Council on Jobs and Competitiveness," will work to find ways to encourage businesses to hire and invest in U.S. competitiveness.

"Jeff Immelt's experience at GE and his understanding of the vital role the private sector plays in creating jobs and making America competitive makes him up to the challenge of leading this new Council," Obama said in a statement.

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