Google chairman Eric Schmidt has publicly declined to join the Obama administration in the new year after a rumoured offer for the post of Treasury Secretary.
Schmidt, 57, was offered the job of Treasury or Commerce Secretary or a new “Secretary of Business” slot, according to the Washington Examiner.
An anonymous strategist for the Democrats told the newspaper: “Nobody’s better positioned for a Cabinet job, if he wants one.”
Mr Schmidt’s rebuttal was swift, however, as he told the Wall Street Journal in an interview yesterday: “I said last time and I’ve said again that Google is my home. I have no interest in working for the federal government”.
Mr Schmidt played in a key role in the re-election of President Barack Obama last month, helping to oversee Google’s $700,000 donation to his campaign.
Since Mr Obama took up the US presidency in 2008, he and Mr Schmidt have maintained a close relationship, appearing together at the company’s Montain View, California headquarters in 2007.
Google’s Super PAC campaign committee gave $2.1 million to the Democrats and $715,000 to Republican candidates this year.
Mr Schmidt also helped to promote Obama’s jobs bill in 2011 when the President asked Congress for a new round of stimulus spending and was faced with deadlock after Republicans rejected key elements of the plans.
The Google CEO has more than 30 years of experience in the technology industry, and has worked for the search engine giant since 2001.
Source: THE TELEGRAPH