“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 or a new ‘secretary of business’ slot,” Paul Bedard reports for The Washington Examiner.

“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,” Bedard reports. “Since Obama ran for national office, Google has been there with money and advice.”

Bedard reports, “It’s been a match made in heaven. 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 and over $700,000 to Obama in the last election.”

Read more in the full article here.

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