U.S. President Donald Trump met with business leaders to discuss boosting investments in infastructure. Fred Katayama reports.
U.S. President Donald Trump met with a group of business leaders to discuss investing in infrastructure. His guests included the CEO of Tesla and Spacex, Elon Musk and major real estate and private equity executives. Investments in infrastructure are crucial to fulfilling Trump's promise to create jobs in the United States. Last week, the President asked government officials to identify infrastructure projects and devise a way to fund them. Eric Donovan, managing director at INTL FCStone. (SOUNDBITE) ERIC DONOVAN, MANAGING DIRECTOR, INTL FCSTONE, (ENGLISH) SAYING: "He wants their feedback. He wants to, you know, do things the right way, or at least have the appearance of doing so, but it doesn't change anything. From a dollars and cents stand point, nothing that was said in those meetings is gonna change, you know, the math behind 'where is the trillion dollars gonna come from?' I think that's what everybody wants to know right now." Last month, Trump said he would ask Congress to approve a $1 trillion infrastructure program. Earlier during his presidential campaign, he said the money would be used to rebuild roads, bridges, airports, and other public works projects. But he has not presented a specific plan.