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Trump meets CEOs

Friday, February 03, 2017 - 01:18

U.S. President Donald Trump met with chief executives of major U.S. companies as the business community finds itself increasingly split over how to respond to his policies. Bobbi Rebell reports.

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President Donald Trump met with chief executives of major U.S. companies at the White House. His guests included IBM CEO Ginni Rometty, Pepsico's Indra Nooyi, and General Motors' Mary Barra. As well as JPMorgan's Jamie Dimon, Tesla's Elon Musk, and Boeing's Jim McNerney. All are on Trump's business advisory panel. One absentee - Uber CEO Travis Kalanick - who quit the group under pressure from activists over President's immigration policies. Trump kicked off the meeting saying the group would discuss peeling back banking rules and promising that companies would bring new jobs to the United States. Steve Ricchiuto of Mizuho Securites. (SOUNDBITE) STEVEN RICCHIUTO, CHIEF U.S. ECONOMIST, MIZUHO SECURITES U.S.A. (ENGLISH) SAYING: "The economy has been underproducing. We haven't been having economic growth. It's taken us a long time to this particular stage in the businesss cycle. We, arguably, we still don't have inflation. And therafore there is an on and on about how do we get this economy moving better. And getting it moving, and get it better, going forward, in order to bring in more of the people who have been left behind." The business community is increasingly split over how to respond to his policies, including a travel ban announced last week.

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Trump meets CEOs

Friday, February 03, 2017 - 01:18