James Pethokoukis

Bill Daley to the White House? Business would love it

January 5, 2011

If President Barack Obama chooses JPMorgan executive William Daley as his next chief of staff he could at last build bridges with the disgruntled U.S. business community, both on Main Street and Wall Street. Daley’s pro-trade views are a big reason the buzz around his potential nomination is so loud. The pick would also bode well for reaching deals with Republicans on taxes and spending. A few observations (via my column for Reuters Breakingviews):

Bill Daley as Obama’s new chief of staff?

January 4, 2011

That is the buzz. But it is more than just buzz. My sources tell me that serious conversations are being had, though it is not a done deal. Certainly the business folks I have chatted with would be delighted. Forget about Valerie Jarret. When a top CEO had an issue, he or she would be calling Bill Daley from now on, not Jarrett. Daley would be “their guy.” (And I would also call Gene Sperling the frontrunner to replace Larry Summers.)  Here is the Reuters take:

Replacing Larry Summers …

November 22, 2010

From the White House’s perspective, the ideal replacement for Larry Summers as chief economic brain would be a female chief executive who could reach out to Republicans and the business community without irking liberals. Buzz about the candidacy of Roger Altman, the founder of investment bank Evercore, shows how difficult it may be for President Barack Obama to land that dream candidate.

Is Geithner the next to leave Obamaland?

October 21, 2010

The man behind the Volcker Rule and the bank tax will soon be leaving Washington. That’s right, Obama political adviser David Axelrod is headed back to Chicago. What, you thought I meant Treasury Secretary Timothy Geithner? As for Geithner, he will more than likely be at Treasury for the duration, though in some ways he has a better skillset for the National Economic Council. Here’s a bit from my recent Reuters Breakingviews columnette on Obama’s pal:

Rahm Emanuel leaves the White House

October 1, 2010

First a bit from my Reuters Breakingviews column on the departure of Rahm Emanuel:

Summers speculation roundup

September 22, 2010

Place your bets!

Reuters:

Following are economists that have been mentioned as potential replacements for Summers as director of the White House National Economic Council.

More on Larry Summers leaving the White House

September 22, 2010

A few additional thoughts about Larry Summers leaving the White House and going back to Harvard:

The departure of Larry Summers

September 22, 2010

So who is going to replace Larry Summers over at the White House? My Reuters colleagues list a number of options. I have come up with a number of my own over at Twitter. (The WH would love a female CEO as director of the National Economic Council, methinks.) Anyway, here is my Reuters Breakingviews column on the the impending Summers exit:

A few thoughts on Elizabeth Warren

September 16, 2010

It looks like an end-run around the Senate, but liberals activists have still managed to get Elizabeth Warren into the Obama administration. A few thoughts: