Jeff Immelt is taking over from Paul Volcker as head of the President’s Economic Advisory Council. He will continue as CEO for GE. Immelt has emphasized growth through innovation, manufacturing and trade, so it will be interesting to see where he comes out on tax reform.
While Immelt’s advisory role may be considered by some a conflict of interest, it is hard to imagine that what would be good tax policy for GE would not be good tax policy to grow manufacturing jobs in the U.S., something that he definitely believes is important. Immelt discusses his views on the economy in a revealing 2009 BBC interview.