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Published: January 07, 2011

Statement on Bill Daley’s Selection

Washington Business Roundtable lauds President Obama’s selection of Bill Daley as the next White House Chief of Staff.
Mr. Daley brings a wealth of both public and private sector experience that will be critical as the Administration seeks to formulate polices capable of promoting job growth, enhancing America’s global leadership and driving a robust, sustainable U.S. economic recovery.

Business Roundtable has a strong relationship with Mr. Daley and has worked with him in the past on many issues important to both business and the broader economy, such as the successful ratification of NAFTA. Mr. Daley can continue to be an important partner in our fight to enact the type of policies our nation needs to reinvigorate the economy and get Americans back to work.

We look forward to continuing our work with Mr. Daley in his new position.

Business Roundtable is an association of chief executive officers of leading U.S. companies with nearly $6 trillion in annual revenues and more than 12 million employees. Member companies comprise nearly a third of the total value of the U.S. stock markets and pay more than 60 percent of all corporate income taxes paid to the federal government. Annually, they pay more than $167 billion in dividends to shareholders and the economy.

Business Roundtable companies give more than $7 billion a year in combined charitable contributions, representing nearly 60 percent of total corporate giving. They are technology innovation leaders, with more than $111 billion in annual research and development spending – nearly half of all total private R&D spending in the U.S.

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