‘Serious Insider’ Tells CNBC’s Kudlow NYC Mayor Michael Bloomberg Next Treasury Secretary


Jeff Poor
Business & Media Institute
October 2, 2010

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With what appears to be a devastating election looming for his party, is President Obama attempting to follow in the footsteps of one of his predecessors and moderate toward the center?

Not if choosing Pete Rouse to replace chief of staff Rahm Emanuel is any indication, according to CNBC’s Larry Kudlow. On the Oct. 1 broadcast of “The Call,” CNBC Washington correspondent John Harwood predicted Treasury Secretary Timothy Geithner wasn’t going anywhere, but Obama would take a pro-business tack with the leadership of Department of Commerce.

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However, Kudlow, citing a “deep political insider,” had a different forecast.

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