Treasury Sec Eric Schmidt?

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Already a winner on the business front for his support and guidance to President Obama and his reelection campaign, there is growing speculation that Google Chairman Eric Schmidt is in line for an even bigger payoff: secretary of either Treasury or Commerce.

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Cabinet shakeup watchers have focused on Schmidt and his Yoda status in the Obama reelection campaign, Google's massive $1.9 million to Democrats in the election, and the administration's efforts to quiet a potential Federal Trade Commission investigation of Google as key signs that the president wants Schmidt in the cabinet.

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Schmidt stood with Obama during his first 2008 post-election press conference.

When Obama started to push for a new round of stimulus spending in 2011, Schmidt was a cheerleader. Google's political action committee delivered $1.6 million to Democrats in 2008.

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It's potentially good for Google too: As the FTC looks to probe Google, Obama nominated for a Republican vacancy a GOP professor with a record of fighting anti-trust enforcement and whose work was backed by groups supported by Google. On Monday, the nominee, Joshua Wright, said he would recuse himself from Google cases.

http://washingtonexaminer.com/treasury-secretary-google/article/2515054#.UL64e4NlEZk