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Published: Tue, June 20, 2017
Tech | By Dwayne Harmon

Technology CEOs urged to join Trump initiative

Technology CEOs urged to join Trump initiative

It was also a chance for Jared Kushner, the president's son-in-law and senior adviser, who is heading up the American Technology Council, to make rare public remarks. The federal government is a large customer for some of the companies and a potential regulator for all.

White House officials believe the administration could save $1 trillion over the ten year by implementing substantial cost cutting on IT, improving IT, and taking advantage on the government's buying power and reducing fraud across the government. The main agenda, at least on paper: talk through ways to modernize the government's technology infrastructure.

Kushner has been tasked with overseeing a number of initiatives in the Trump administration, including: brokering peace in the Middle East, revamping the federal government, tackling the opioid epidemic, and heading the Office of American Innovation.

President Donald Trump summoned his technology A-team to the White House on Monday for the first meeting of the American Technology Council, continuing the delicate relationship between his administration and Silicon Valley.

Others attending include Alphabet Inc GOOGL.O Executive Chairman Eric Schmidt, venture capital firm Kleiner Perkins Chairman John Doerr and the CEOs of Microsoft Corp MSFT.O International Business Machines Corp IBM.N , Intel Corp INTC.O , Qualcomm Inc QCOM.O , Oracle Corp ORCL.N and Adobe Systems Inc ADBE.O , a White House official said on Sunday. Nu Wexler, a spokesman for Facebook, said this was due to a "scheduling conflict". CEO Satya Nadella, Amazon.com Inc.

All of those companies declined comment to CNNMoney about Monday's meeting.

The US government spends more than $80 billion on IT annually, excluding classified operations, according to a 2016 US Government Accountability Office report cited by Reuters. "Many of our federal systems are decades old, with our 10 oldest being between 39 and 56 years old". "This structure is unsustainable", Kushner said.

A source says Apple CEO Tim Cook, in particular, is planning to bring up immigration, encryption, veterans affairs and the continued importance of human rights. It seeks to overhaul government functions using ideas from the business sector.

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