President Barack Obama is considering naming William Daley, a JPMorgan Chase & Co. executive and former U.S. Commerce secretary, to a high-level White House post, possibly as his chief of staff, people familiar with the matter said.
Such a move, which is still under discussion and which White House officials wouldn’t confirm, would bring a Washington veteran and someone with strong business ties into the administration as Obama enters the second half of his term. The president is faced with a Republican majority in the House of Representatives and is trying to accelerate the U.S. economic recovery while addressing the budget deficit.
Daley, 62, who typically responds to questions, didn’t return two messages seeking comment left on his cell phone yesterday or a phone call to his office and an e-mail sent to him today. White House officials declined to discuss the matter.
“I’m not going to comment on personnel speculation,” White House spokesman Robert Gibbs said in an e-mail.
As he remakes his staff for the second half of his term, the president also is seeking to address complaints from some executives that the Democratic administration is anti-business. Daley is JPMorgan’s Midwest chairman and the bank’s head of corporate responsibility.
What, is Angelo Mozilo not out of jail yet?
Is Stan O'Neal not open to a D.C. address?
Don't have Sandy Weill's number on speed dial?
Is Bernie Madoff busy?
Jesus, this is bad.
Putting a JP Morgan Chase executive in as chief of staff, that's like hiring the coyote to watch the chickens.
Gee, do you think the unions will FINALLY say "Fuck Obama!" if he does this?