Obama to headline foreign investment summit

President Obama will headline an economic summit next week designed to boost foreign investment in the United States, White House officials said Friday.

The two-day program will feature 1,200 attendees from 58 countries around the world, and is intended to connect businesses and entrepreneurs with foreign capital. 

“On the heels of the manufactured crises in Washington, it’s time for folks to come together and focus on doing everything we can to spur growth and create new high-quality jobs,” a White House official said. “The Summit will provide an opportunity to do just that.”

{mosads}In addition to the president, Secretary of State John Kerry, Treasury Secretary Jack Lew, U.S. Trade Representative Michael Froman, National Economic Council Director Gene Sperling, Council of Economic Advisers Chairman Jason Furman and senior adviser Valerie Jarrett will join newly minted Commerce Secretary Penny Pritzker at the event.

Obama touted the event during a speech last year in Milwaukee, calling it an opportunity to bring “companies from around the world together with governors and mayors and other leaders to discuss the benefits of investing and creating more jobs here in the United States.”