For a president who has had a shaky relationship with the business comminuty–and particularly Wall Street–the council gave him some political cover from Republicans and business leaders who criticized his administration for enacting tough new regulations. In recent months, however, the council had become a political thorn as Republicans accused Mr. Obama of ignoring it.
The website for the President’s Council on Jobs and Competitiveness, as it’s formally called, shows it met four times since its inception – the last time on Jan. 17, 2012 — and held 18 “listening and action sessions” around the country with businesses and local leaders.
A White House official said the council was always supposed to end after its two-year charter expired. The charter ended today and isn’t being renewed, the official said, pointing to other advisory councils, including the President’s Economic Recovery Advisory Board, that also expired after their charters ended.
Republicans have said the president should have sought more advice from the jobs council. “One thing the president could have done instead of wasting so much time blaming others would have been to convene the jobs council he created amidst so much fanfare,” Senate Minority Leader Mitch McConnell (R., Ky.) said Thursday. “He hasn’t done that for more than a year. In fact, from what I understand, the council is expected to disband today after having met only four times since 2011.”