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House Democrats will host an economic forum on Friday, signaling their intent to refocus the political debate on President Bush’s handling of the economy and away from the situation in Iraq. House Democratic Caucus Chairman Rahm Emanuel (D-Ill.) floated the proposal last week, in a story first reported by The Hill. Speaker Nancy Pelosi (D-Calif.), Financial Services Committee Chairman Barney Frank (D-Mass.) and Emanuel announced the details of the forum on Sunday. “Restoring the American dream for millions of our nation’s working families
has been a central priority for House Democrats,” Pelosi said in a statement. Participants in the forum include, Jane D’Arista, the Financial Markets Center; Laurence D. Fink, Chairman and Chief Executive Officer of BlackRock; William Hambrecht, a San Francisco investor; Warren Hellman of Hellman & Friedman, a private equity firm; and Eugene A. Ludwig, the founder and CEO of Promontory Group, a financial services company. Participants better known in Washington will include Lawrence Mishel, the president of the Economic Policy
Institute (EPI); Bill Spriggs, an economist at Howard University; former Treasury Secretary Larry Summers; John Sweeney, president of the AFL-CIO; Felix G. Rohatyn, a former ambassador to France, longtime Democratic Party wiseman and Wall Street maven, and Laura Tyson, former director of the National Economic Council during the Clinton Administration. |