Obama meets with Bill Clinton and Warren Buffet on Wednesday, July 14, 2010. The President met with the U.S. former president and the investor to discuss plans for creating jobs and instilling sound economic policies. In an official White House statement, Obama turned to Clinton in an attempt to "discuss new ways to create jobs in the private sector and continue to build on the success we have seen through the Recovery Act on building public-private partnerships in the clean energy sector." The White House also suggested that Buffet offered to lend his expertise to Obama in an attempt to solve employment and economic problems.
With Obama's approval rating dipping to dangerously low levels and a formal complaint from the U.S. Chamber of Commerce claiming governmental regulation hinders job growth, Obama has revamped his economic policies and called in reinforcements. On July 14, 2010, White House Chief of Staff Rahm Emanual and Valerie Jarrett responded to the Chamber's claim. Emanual and Jarret stated "While we may not agree on every single issue, we should always remember that there is much we agree on and that we are all working towards the same goal of putting Americans back to work and getting our economy back on track."
Earlier this week, Jacob Lew was selected by Obama as a budget director. Obama publicly stated Lew's responsibility to reduce the budget deficit.