Walt Disney Co. Chief Executive Officer Bob Iger has been named to the new Strategic and Policy Forum, created by President-elect Donald Trump.
Stephen Schwarzman, the cofounder of the private equity firm Blackstone, will chair the 16-person, nonpartisan forum.
“The Forum, which is composed of some of America’s most highly respected and successful business leaders, will be called upon to meet with the president frequently to share their specific experience and knowledge as the president implements his plan to bring back jobs and Make America Great Again,” read the Blackstone press release issued on Friday.
Trump’s transition team also issued a statement that same day. In it, Trump stated his administration was “committed to drawing on private sector expertise and cutting the government red tape that is holding back our businesses from hiring, innovating, and expanding right here in America.”
The Strategic and Policy Forum will address that red tape beginning in February, at its first White House meeting.
“The forum provides a nonpartisan approach to key economic policy issues, reflecting an array of individual perspectives from a cross-section of industries,” Iger said in a statement. “I welcome the chance to be part of the important discussions about the most effective ways to grow jobs and expand economic opportunity in America.”
He also noted preparations are already underway to install Trump’s bust in the Walt Disney World Hall of Presidents attraction.
Iger, a Democrat who supported Hillary Clinton, is hopeful that the Strategic and Policy Forum will address the tax code. Specifically, Iger is interested in closing loopholes and lowering the corporate tax rate. As a corporation, Disney has previously encouraged the federal government to focus on these concerns.
“We are no longer competitive with the rest of the world in that regard and that must be addressed,” he said during a conference call right after the election. “It’s possible that given what’s going on this week that that’s likely to be addressed sooner rather than later.”
Iger isn’t the only Hollywood mogul who’ll be bending the new president’s ear. Trump’s chief strategist Stephen Bannon worked in Hollywood during the 90s, helping to finance films. Steven Mnuchin, Trump’s pick for Treasury, also has deep ties to the entertainment industry. After working for Goldman Sachs, the Hollywood financier started a hedge fund to invest in films. His finance deals with 20th Century Fox and Warner Bros. have led to executive producing credits in a number of films.
The Strategic and Policy Forum members will also include a former commissioner of the Securities and Exchange Commission; a former member of the Board of Governors of the Federal Reserve System; and a Pulitzer Prize–winning economic researcher. The remaining members of the forum are all CEOs of globally recognized companies and consulting groups. They include individuals representing Wal-Mart, General Motors, Boeing, IBM, General Electric and JPMorgan Chase & Co.