President Obama Friday tapped Silicon Valley veteran John Doerr for an economic rescue advisory panel, giving the venture capital industry a highly visible seat in policy debates.

Mr. Doerr, partner at Kleiner, Perkins, Caufield & Byers, joins the President’s Economic Recovery Advisory Board, chaired by former Federal Reserve Chairman Paul Volcker.

The announcement came as Mr. Obama pressed Congress to pass a $900 billion stimulus bill and three days before Treasury Secretary Timothy Geithner was expected to unveil a major program designed to shore up the financial system.

Also representing Silicon Valley on the panel was Oracle President Charles Phillips Jr.

The advisory panel also includes: William H. Donaldson, chairman, SEC; Roger Ferguson, Jr., CEO, TIAA-CREF; Robert Wolf, CEO, UBS Group Americas; David Swensen, CIO, Yale University; Mark Gallogly, managing partner, Centerbridge Partners; Penny Pritzker, chairman, Pritzker Realty Group; Jim Owens, CEO, Caterpillar Inc.; Monica Lozano, CEO, La Opinion; Anna Burger, secretary-treasurer, SEIU; Richard  Trumka, secretary-treasurer, AFL-CIO; Laura D'Andrea Tyson, dean, Haas School of Business at the University of California at Berkeley; Martin Feldstein, professor of economics, Harvard University; Jeffrey R. Immelt, CEO, GE.