Obama to meet CEOs on jobs: source

Obama to meet CEOs on jobs: source
|

WASHINGTON (Reuters) - President Barack Obama is expected to meet Friday afternoon with chief executives from Johnson & Johnson, Wells Fargo & Co, US Bank, Xerox Corp, BlackRock Inc, according to a source familiar with the plans.

He also is meeting with the CEO of Silver Lake Partners.

Obama is expected to talk about global financial turmoil, the state of the U.S. economy, and job growth with the executives.

White House spokesman Josh Earnest said on Friday that Obama was constantly "on the hunt" for new job creation ideas and that would be on the agenda for the CEO meeting.

The White House has not yet released the names of CEOs slated to attend.

Obama's hopes for reelection in 2012 will hinge on his success in lowering unemployment, currently pinned above 9 percent, boosting sluggish growth and restoring confidence lost from the Standard & Poor's downgrade and fractious debt talks.

(Reporting by Karey Wutkowski, with additional reporting by Matt Spetalnick; editing by Gerald E. McCormick)

Corrects to show that Obama meeting with Silver Lake CEO, not Silver Bridge.

Our 2024 Coverage Needs You

As Americans head to the polls in 2024, the very future of our country is at stake. At HuffPost, we believe that a free press is critical to creating well-informed voters. That's why our journalism is free for everyone, even though other newsrooms retreat behind expensive paywalls.

Our journalists will continue to cover the twists and turns during this historic presidential election. With your help, we'll bring you hard-hitting investigations, well-researched analysis and timely takes you can't find elsewhere. Reporting in this current political climate is a responsibility we do not take lightly, and we thank you for your support.

to keep our news free for all.

Support HuffPost