President Joe Biden and Vice President Kamala Harris meet with Treasury Secretary Janet Yellen in the Oval Office at the White House in Washington, U.S., January 29, 2021.
Kevin Lemarque | Reuters
President Joe Biden will on Tuesday meet with the chief executives of some of the country’s largest business in the Oval Office to discuss his $1.9 trillion stimulus plan and the outlook for the American economy.
Among those expected to meet with Biden and Treasury Secretary Janet Yellen are JPMorgan‘s Jamie Dimon, Walmart’s Doug McMillon, Gap‘s Sonia Syngal, Lowe’s Marvin Ellison and Tom Donohue of the U.S. Chamber of Commerce.
Though the exact agenda of the afternoon meeting wasn’t immediately available, the White House said that the group will review the “critical need” for Biden’s massive rescue plan that’s currently making its way through Congress.
The White House did not immediately respond to a request for a meeting agenda.
Still, the star-studded cast of American industry is likely to press the White House on its plans on making more Covid-19 vaccines available for workers, the size, scope and importance of another round of stimulus checks, and how a $15 minimum wage would impact payrolls.
The meeting comes as congressional Democrats move to pass Biden’s American Rescue Plan using a budget tool known as reconciliation that would allow the party to muscle the big-ticket plan through Capitol Hill without support from the GOP.
This is breaking news. Please check back for updates.
