Neither the White House nor McCormick’s office gave breakdowns of the $70 billion or what the investments entail.
Administration officials speaking at the summit include White House crypto czar David Sacks, Commerce Secretary Howard Lutnick and Energy Secretary Chris Wright.
In the Fox News interview, McCormick credited his wife, Dina Powell McCormick, with the idea for a summit. Powell McCormick served as Trump’s deputy national security adviser in his first term and is a former Goldman Sachs executive who is now at BDT & MSD Partners, a merchant bank.
He didn’t land a mega project, but he instead has worked to play up big investments by Amazon and Microsoft, as well as Nippon Steel, as he prepares to seek a second term.
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Levy reported from Harrisburg, Pennsylvania.
