I AM PLEASED TO ANNOUNCE THAT, EFFECTIVE IMMEDIATELY, LARRY LINDSEY, ASSOCIATE DIRECTOR FOR DOMESTIC ECONOMIC POLICY OF THE OFFICE OF POLICY DEVELOPMENT, WILL SERVE AS EXECUTIVE DIRECTOR OF THE COUNCIL ON COMPETITIVENESS.

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP91B01306R000300070007-5
• Release Decision: RIFPUB
• Original Classification: K
• Document Page Count: 13
• Document Creation Date: December 23, 2016
• Document Release Date: September 30, 2013
• Sequence Number: 7
• Publication Date: September 12, 1989
• Content Type: MEMO

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ER 89-2936/1
Executive Secretary
20 Sept '89
Date
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THE VICE PRESIDENT
MEMORANDUM
WASHINGTON
TO: Members of the Competitiv ness Council
FROM: THE VICE PRESIDENT
DATE: September 12, 1989
I am pleased to announce that, effective immediately, Larry
Lindsey, Associate Director for Domestic Economic Policy of the
Office of Policy Development, will serve as Executive Directon of
the Council on Competitiveness. Larry will manage the policy
review and staff functions of the Council; the Administrator of
the Office of Information and Regulatory Affairs (Jay Plager)
will serve as executive director of the Council's regulatory
oversight activities. Diane Weinstein will continue as Counsel
to the Competitiveness Council. Members of my Domestic Policy
staff under Larry's direction, and Diane, will continue to work
with your representatives on the business of the Council.
This arrangement, under the overall direction of my Chief of
Staff, William Kristol, should facilitate coordination of Council
on Competitiveness activities with the overall Administration
policy making processes, and should enable the Council to move
ahead, after its good start, to play a significant role in
advancing the President's competitiveness agenda. I look forward
to continuing to work with you to make that happen.
ER 89-2936/1
cc: White House Senior Staff
Department and Agency Heads
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ER 89-2936
Executive Secretary
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ER 89-2936
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ER 89-2936
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Executive Secretary
13 Julia '89
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OFFICE OF THE VICE PRESIDENT
WASHINGTON
altos
MEMORANDUM FOR ATTACHED DISTRIBUTION LIST
FROM: WILLIAM KRISTOLLUIL-
CHIEF OF STAFF TO THE VICE PRESIDENT
SUBJECT: Recommendations to the Council on Competitiveness
As you may know, President Bush has asked Vice President
Quayle to chair the interagency Council on Competitiveness.
Additional members of the Council are the Secretary of the
Treasury (as Chairman of the Economic Policy Council), the
Attorney General (as Chairman of the Domestic Policy Council),
the Secretary of Commerce, the Director of the Office of
Management and Budget, the Chairman of the Council of Economic
Advisors, and the Chief of Staff to the President.
At the initial meeting, the Council reaffirmed its role in
the regulatory review process pursuant to Executive Orders 12291
and 12498. The Council will continue to perform the function,
previously performed by the Task Force on Regulatory Relief, of
reviewing Federal regulations having a significant impact on
national competitiveness.
To help in the Council's broader policy coordination
function, several members of the Council suggested that govern-
ment agencies should be solicited for suggestions of issues that
may benefit from the Council's attention. While not all of the
issues that may be suggested can be addressed immediately,
compiling a list of such issues and of information relative to
their significance for U.S. competitiveness will enable the
Council to begin to develop short- and long-term priorities for
Administration action.
For purposes of organization, we have grouped the issues
that arise under the rubric of competitiveness into four areas.
We welcome your comments on these areas in general, but particu-
larly would appreciate your specific suggestions of issues for
the Council to consider in each or any of these areas:
1. Preserving Free Enterprise. Free enterprise has made the
United States the most prosperous nation in the world.
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Accordingly, the Council on Competitiveness may consider
policies on mergers and acquisitions, antitrust limits on
mergers and joint ventures, and bankruptcy law. In
addition, the Council may consider product liability law,
health and safety, environmental, transportation, and
communications regulation, foreign trade law, intellectual
property rights, risk assessment, market- and incentive-
based approaches to regulation, and other statutory and
regulatory policies affecting enterprise and
entrepreneurship.
2. Access to Capital. The availability of capital being
critical to economic growth, the Council may consider
policies that would free the flow of investment capital to
American business, such as tax policies, including the
capital gains tax rate. Also, banking and financial
industry reform, securities and commodity trading regula-
tions, saving incentives, foreign investment, accounting
standards and practices may be considered.
3. Bringing Science to Market. To maintain U.S. primacy in
emerging industries, the nation must do a better job of
developing commercial applications for scientific
innovations. The Council may examine policies toward bio-
technology, public-private research and production con-
sortia, intellectual property rights approval or protection,
licensing of new products, research and experimentation tax
credits, government technology transfer and procurement, and
federal funding of research and development.
4. Development of Human Resources. To improve the nation's
competitiveness, the U.S. must continue to have the most
productive work force in the world. The Council may
examine policies affecting America's education system,
particularly instruction in such disciplines as math,
science, and computers. In addition, the Council may review
labor, health, welfare, immigration, and other policies
affecting the ability of the American work force to maintain
high quality and productivity and to adapt to new industrial
and commercial advances.
It would be helpful to receive your assessment of critical
problems in competitiveness arranged -- if you think it helpful
-- into these four areas using the following format:
Format: Set out the problems the United States faces in
improving our international competitiveness. For each problem,
to the extent possible:
1. Precisely identify the problem.
2. Explain how the problem negatively affects U.S.
competitiveness.
3. Provide examples of the problem.
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4. Describe the scope of the problem. Set out budgetary
and economic costs (direct and indirect), if quantifi-
able. If possible, compare the situation in the U.S.
with other countries.
5. Identify the most attractive possible solutions. For
each solution, state:
a. Whether the problem can be addressed through
private sector action.
b. Whether it requires government action. If so,
state what type (i.e., administrative,
legislative, regulatory, or government leadership
and advocacy).
c. The budgetary impact (direct and indirect).
d. The impact on the economy (direct and indirect).
e. Other effects, including indirect or secondary
effects (positive or negative).
f. The background on similar previous proposals to
address the problem.
6. Assess prospects for success for such proposals.
I would appreciate a response to this memorandum by
August 1, 1989. Staff questions should be referred to Diane
Weinstein, Counsel to the Council (456-2816).
cc: Administrator, Office of Information and Regulatory Affairs
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DISTRIBUTION LIST
Council Members:
The Honorable Nicholas F. Brady
The Secretary of the Treasury
Chairman Pro Tempore of the
Economic Policy Council
The Honorable Robert A. Mosbacher
Secretary of Commerce
The Honorable Richard Darman
Director
Office of Management and Budget
The Honorable Richard Thornburgh
Attorney General
Chairman Pro Tempore of the
Domestic Policy Council
The Honorable John Sununu
Chief of Staff to the President
The Honorable Michael J. Boskin
Chairman
Council of Economic Advisors
Departments, Agencies, Boards, and Commissions:
The Honorable James A. Baker, III
Secretary of State
The Honorable Manuel Lujan, Jr.
Secretary of the Interior
The Honorable Elizabeth H. Dole
Secretary of Labor
The Honorable Louis W.
Secretary of Health
and Human Services
Sullivan
The Honorable Samuel K. Skinner
Secretary of Transportation
The Honorable Edward J. Derwinski
Secretary of Veterans Affairs
The Honorable William Webstei.-
r--
Director
Central Intelligence Agen
The Honorable William Bennett
Director, Office of
National Drug Control Policy
The Honorable David Q. Bates, Jr.
Assistant to the President
and Secretary to the Cabinet
The Honorable Erich Bloch
Director
National Science Foundation
The Honorable Richard Cheney
Secretary of Defense
The Honorable Clayton K. Yeutter
Secretary of Agriculture
The Honorable Lauro Cavazos
Secretary of Education
The Honorable Jack F. Kemp
Secretary of Housing
and Urban Development
The Honorable James D. Watkins
Secretary of Energy
The Honorable Carla Hills
United States Trade Representative
The Honorable Brent Scowcroft
Assistant to the President for
National Security Affairs
Dr. Allan Bromley
Science Advisor to the President
The Honorable Roger Porter
Assistant to the President for
Economic and Domestic Policy
Rear Admiral Richard H. Truly
Administrator
National Aeronautics and
Space Administration
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The Honorable Susan S. Engeleiter
Administrator
Small Business Administration
The Honorable William K. Reilly
Administrator
Environmental Protection Agency
The Honorable Alan Greenspan
Chairman
Federal Reserve Board
The Honorable Wendy L. Gramm
Chairman, Commodity
Futures Trading Commission
The Honorable Dennis R. Patrick
Chairman
Federal Communications Commission
The Honorable Anne E. Brunsdale
Chairman, United States
International Trade Commission
The Honorable Anne Graham
Acting Chairman, Consumer
Product Safety Commission
The Honorable Kenneth Carr
Chairman
Nuclear Regulatory Commission
Mr. James M. Stephens
Chairman
National Labor Relations Board
The Honorable Frank Young
Administrator
Food and Drug Administration
The Honorable L. William Seidman
Chairman, Federal Deposit
Insurance Corporation
The Honorable David S. Ruder
Chairman
Securities and Exchange Commission
The Honorable Daniel Oliver
Chairman
Federal Trade Commission
The Honorable Heather Gradison
Chairman
Interstate Commerce Commission
The Honorable Martha 0. Hesse
Chairman, Federal Energy
Regulatory Commission
The Honorable William F. Ryan
Acting President and Chairman
Export-Import Bank
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