The National Association of Chain Drug Stores also announced that Bruce Josten, executive vice president for government affairs at the U.S. Chamber of Commerce, will be the keynote speaker at the NACDS Political Action Committee breakfast during the annual meeting. The NACDS-PAC breakfast is set for Monday, April 27.
Summers began serving the Clinton administration in the Treasury Department in 1993. He served as treasury secretary from 1999 to 2001, the longest period of sustained economic growth in U.S. history, according to NACDS, which also noted that Summers is the only treasury secretary in the last half century to have left office with a national budget surplus. He left the White House at the end of the Clinton administration to become president of Harvard University.
“Firsthand insights from Dr. Summers about his leadership experiences during challenging financial situations will no doubt offer a unique perspective for attendees,” said NACDS president and chief executive officer Steve Anderson.
Serving as director of the White House National Economic Council from 2009 to 2010, Summers played a key role in shaping the U.S. response to the 2008 financial crisis. He was considered as a potential successor to Ben Bernanke as Federal Reserve chairman in 2013, although President Obama nominated Janet Yellen, the Fed’s vice chairwoman, for the position. Summers currently is president emeritus and the Charles W. Eliot University Professor at Harvard.
Josten is the second-ranking officer and senior government and political affairs executive of the U.S. Chamber of Commerce, managing six divisions in the organization, including congressional and public affairs, economic policy, technology and regulatory affairs, and political affairs.
NACDS also announced that it has scheduled RxImpact Day on Capitol Hill for March 25 and 26 in Washington, D.C. Amy Walter, national editor of the Cook Political Report, will be the keynote speaker.