With his choice of Pete Rouse to temporarily replace Rahm Emanuel as White House chief of staff, President Barack Obama is seeking to recapture the “no drama’ culture that defined his early years in Washington.
Senate Majority Leader Harry Reid, a Nevada Democrat, said in an interview on Bloomberg Television’s “Political Capital with Al Hunt,” airing this weekend, that he expects the Senate next week to confirm Janet Yellen as chairman of the Federal Reserve and to clear a budget agreement unless Republicans intend to commit “political suicide.”
When Barack Obama held his first prime-time news conference as president, the financial crisis was at its peak and not a single Republican had voted for his economic stimulus bill. So he pleaded for their partnership.
The resignation of William M. Daley as President Barack Obama’s White House chief of staff brings to mind the words of David Wilhelm when he left his post as chairman of the Democratic National Committee in 1994: “I’m going back to Chicago where they stab you in the front.”
President Barack Obama named William Daley , a JPMorgan Chase & Co . executive and former commerce secretary, as his chief of staff, putting a Washington veteran with strong ties to business into a key White House job.