; and (B) compensated at the rate provided for level II of the Executive Schedule under section 5313 of title 5, United States Code. (2) Functions (A) Primary function The primary function of the Chief Manufacturing Officer shall be to advise the President, and such agencies within the Executive Office of the President as may be appropriate, on issues regarding and impacting manufacturing and industrial innovation efforts of the Federal Government, or of the private sector, that require attention at the highest levels of the Federal Government. (B) Other functions The Chief Manufacturing Officer shall— (i) advise the President on manufacturing and industrial innovation considerations relating to areas of national concern, including— (I) the economy of the United States; (II) national security; (III) public health; (IV) the workforce of the United States; (V) education; (VI) foreign relations (including trade and supply chain issues); (VII) the environment; and (VIII) technological innovation in the United States; (ii) convene stakeholders, including key industry stakeholders, academic stakeholders, defense stakeholders, government stakeholders, and stakeholders from nonprofit organizations and labor organizations that primarily represent workers in manufacturing, to develop the national strategic plan required under section 204; (iii) evaluate the scale, quality, and effectiveness of the effort of the Federal Government to support manufacturing and industrial innovation by the Federal Government or by the private sector, and advise on appropriate actions; (iv) advise the President on the budgets of agencies of the executive branch of the Federal Government with respect to issues concerning manufacturing and industrial innovation; (v) assist the Director of the Office of Management and Budget with an annual review and analysis of the budget proposed by the President, with respect to manufacturing and industrial development by agencies in the executive branch