Several L.A. Business People Have Been Included in Trump’s Economic Revival Groups

Rick Caruso and Elon Musk are on the enormous list of executives the White House released
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Donald Trump hasn’t been quiet about his desire to reopen America’s economy ASAP. It might be a little premature, but the White House nudged the narrative in that direction on Tuesday when Trump announced that his administration was gathering “bipartisan groups of American leaders” to be part of the Great American Economic Revival Industry Groups.

Drawn from a range of business sectors—agriculture, banking, energy, health care, et al.—the list of 202 appointees includes some notable people who reside in L.A. and its environs, among them shopping center magnate and USC board of trustees member Rick Caruso, Tesla’s Elon Musk, Oracle’s Larry Ellison, Spago and the Cut’s Wolfgang Puck, and recent L.A. home buyer Amazon’s Jeff Bezos.

It’s unclear if everyone on the list has agreed to participate in the White House’s efforts—some reportedly didn’t know of their inclusion until the president’s Rose Garden press conference—but Caruso was, in fact, contacted and has reportedly signed on enthusiastically.

Oracle, whose CEO, Ellison, recently hosted a Trump fundraiser at his home in Rancho Mirage, was among the companies with multiple seats on the recovery panel. According to the Daily Beast, 27 members across the industry groups are Trump donors who’ve contributed a combined $41.2 million to the president and organizations associated with his election and reelection efforts since 2015.

Also on the list: leaders from major banks like Morgan Stanley, Bank of America, JP Morgan Chase; food and beverage outfits like Coca-Cola and McDonald’s; hotels like Marriott, Hyatt, and Hilton; auto companies like General Motors and Ford; retail outlets such as Walmart, Home Depot, Kroger, Rite Aid, Walgreens, and CVS; and tech companies like Apple, Google, Facebook, and IBM.

According to the White House website, the groups “will work together with the White House to chart the path forward toward a future of unparalleled American prosperity. The health and wealth of America is the primary goal, and these groups will produce a more independent, self-sufficient, and resilient Nation.” Logistics remain unclear.


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