CI VIEW: US infrastructure under Trump the Builder is world’s greatest emerging market investment, Carlyle co-CEO UPDATE

WASHINGTON/BALTIMORE/WHITE SULPHUR SPRINGS, WV (BBN)  (Update on Feb. 11, 2018 to add comments from senior White House officials) — President Donald Trump proposed USD 1.5 trillion US infrastructure investment fund may rank him among the great builders of America:  President Abraham Lincoln with the Transcontinental Railroad; Theodore Roosevelt and the Panama Canal ; and the US Highway Interstate System of General Dwight D. Eisenhower, according to US House Transportation and Infrastructure Committee Chairman Bill Shuster (R-PA).  

Key domestic and foreign players such as Washington, DC-based The Carlyle Group and Melbourne, Australia’s Transurban Group (ASX:TCL) have taken pole position while  New York’s Blackstone, KKR and Guggenheim Partners play catch up.  

[The Carlyle Group co-CEO Glenn Youngkin on why US Infrastructure is “greatest emerging market opportunity” in the world at America’s Infrastructure Summit: A Time to Modernize at US Chamber of Commerce in Washington, DC. January 18, 2018]

The Carlyle Group co-Chief Executive Officer Glenn Youngkin said he always tells major foreign funds who love to invest in emerging markets that the “greatest  emerging market opportunity around the world today is to invest in US infrastructure.  Rule of law, accountability of a work force, the dependability of construction and we have such a nascent industry investing in something which is our greatest need . This is why we are getting so excited.”

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CI VIEW: Intel CEO Brian Krzanich seen resigning after AWOL at US Senate Committee hearing

WASHINGTON (BBN) – Intel Corporation (NASDAQ: INTC) Chief Executive Officer Brian Krzanich resignation may be imminent after the embattled CEO failed to attend a US Senate Commerce, Science and Transportation Committee hearing in Washington DC today.

[U.S. Senate Commerce, Science and Transportation Chairman US Senator John Thune (R-SD) speaks to Capitol Intelligence using CI Glass on why Intel Corporation Chief Executive Brian Krzanich failed to testify at a Field Hearing at the Washington Auto Show in Washington DC. Jan. 24, 2018.]

Intel Corporation media relations declined to respond to an email inquiry on the exact nature of Krzanich’s scheduling conflict or whether the executive is about to resign as Intel CEO.  Krzanich was listed as a witness for the hearing as of January 19, 2018, according to the Reuter’s Daybook.

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