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Economy

Alabama Power’s Mark Crosswhite to serve on president’s economic advisory panel

President Donald Trump on Tuesday announced the leadership of the Great American Economic Revival Industry Groups.

The team represents a “bipartisan groups of American leaders who will work together with the White House to chart the path forward toward a future of unparalleled American prosperity,” according to the White House statement.

Alabama Power Company President and CEO Mark Crosswhite will be on the president’s team of advisers from the energy sector.

“One of the challenging impacts of the unprecedented situation we are facing is how to restore and strengthen the U.S. economy,” said Crosswhite. “Alabama Power is honored to be a part of the energy sector companies, along with Southern Company, participating in the Great American Economic Revival Initiative. Our company was built for the service of our state and our employees are devoted to elevating our communities. The opportunity to work alongside fellow Alabamians and some of the most respected leaders nationwide, as well as our industry and labor partners, will help us achieve our common goal – recover and move our state and national economy forward.”

In the White House announcement, the advisers are listed as economists, scholars and industry leaders.

“Trump met by phone Wednesday with executives from diverse sectors of corporate America, as part of a newly created effort to solicit options for reopening the U.S. economy amid the coronavirus pandemic, according to a report by Market Watch.

Crosswhite joins the ranks of Apple’s Tim Cook, Morgan Stanley’s James Gorman, and Eli Lilly and Company’s Dave Ricks as well as other top professionals across a wide field of knowledge and expertise.

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The Wall Street Journal reported that during the first call to discuss reopening the country, executives informed the president more testing is needed to convince the public to return to work.

Trump will consult with the panel by phone and it “will operate separately from the White House task force that’s leading the administration’s public health strategy to contain and mitigate the pandemic, though there is expected to be some overlap,” as reported by The Washington Post.

Alabama’s own former Secretary of State Condoleezza Rice is a member of the panel along with other well-known leaders, including New England Patriots owner Robert Kraft and billionaire entrepreneur, Mark Cuban.

 

Bill Britt
Written By

Bill Britt is editor-in-chief at the Alabama Political Reporter and host of The Voice of Alabama Politics. You can email him at [email protected] or follow him on Twitter.

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