The Conservative Cave

Current Events => Politics => Topic started by: HAPPY2BME on December 02, 2016, 07:53:25 PM

Title: Silicon Valley Chiefs Notably Absent From Trump’s Cabinet of Advisors
Post by: HAPPY2BME on December 02, 2016, 07:53:25 PM
By MICHAEL J. de la MERCEDDEC. 2, 2016

Silicon Valley Chiefs Notably Absent From Trump’s Cabinet of Business Advisers

In President-elect Donald J. Trump’s newly named kitchen cabinet of business advisers, Wall Street is in. Silicon Valley is out.

Mr. Trump has named 16 business leaders to serve on what’s being called the President’s Strategic and Policy Forum, described as a group meant to guide his administration on economic matters.

The forum largely excludes technology, home to some of the nation’s best-known, most innovative and biggest companies by market value, which represented over 8 percent of the private sector economy last year, according to the Bureau of Economic Analysis.

Aside from Virginia M. Rometty of IBM, there is hardly any representation of technology companies, and certainly none from Silicon Valley.

Perhaps that’s unsurprising, given Mr. Trump’s slim public support in the Bay Area. Among his biggest champions is Peter Thiel, the PayPal co-founder and Facebook board member, who is now a member of the Trump transition team. Not many other technology executives have come out as Trump backers publicly, aside from Thiel associates like Joe Lonsdale, the co-founder of the data consulting firm Palantir, and Jack Abraham, the executive director of the Thiel Fellowship.

http://www.nytimes.com/2016/12/02/business/dealbook/silicon-valley-chiefs-absent-trump-cabinet-of-business-advisers.html?src=twr&_r=0