Honeywell chief helps out in DC

David Cote, chairman, CEO and president of Honeywell International, parent company of Honeywell Security, will be part of the President's National Commission on Fiscal Responsibility and Reform, a bi-partisan panel charged with tackling the skyrocketing U.S. deficit. Members of the panel are named by legislative leaders on both sides of the aisle and the President. Cote, a Republican, was named by Obama. Cote is also a member of the U.S.-India CEO Forum, which Obama asked him to co-chair. Reports say Obama wanted to have Cote’s business perspective on the deficit reduction panel.