Donald Trump to meet tech CEOs on government overhaul

WASHINGTON: President Donald Trump will meet the chief executives of technology companies including Apple Inc and Amazon. com Inc on Monday as the White House looks to the private sector for help in cutting government waste and improving services.

White House officials said on a conference call on Friday that the administration believed there was an “economic opportunity” to save up to $1 trillion over 10 years by significantly cutting government information technology costs, reducing government costs through improved IT, leveraging government buying power and cutting fraud across government agencies.

The meeting with nearly 20 chief executives comes as the White House pushes to shrink government, cut federal employees and eliminate regulations.

Many business executives are eager to work with the new administration as they face numerous regulatory and other policy issues. In May, Trump created an “American Technology Council,” the latest in a series of efforts to modernise the US government.

He signed a separate order in March to overhaul the federal government and tapped son-in-law Jared Kushner to lead a White House Office of American Innovation to leverage business ideas and potentially privatise some government functions.

Others planning to attend include Alphabet Inc Executive Chairman Eric Schmidt, venture capital firm Kleiner Perkins Chairman John Doerr and the CEOs of Microsoft, IBM, Mastercard, Intel and Qualcomm.