WASHINGTON -- President Obama, who has faced criticism that he has been hostile to big business, reportedly is considering two major corporate chief executives for positions in his second-term Cabinet.
American Express Co. Chief Executive Kenneth Chenault has been approached by White House officials about succeeding Timothy F. Geithner as Treasury secretary or serving in another role, such as Commerce secretary or a top advisor to Obama, Bloomberg News reported.
Xerox Corp. Chief Executive Ursula Burns also is being considered for Commerce secretary, Bloomberg said.
Both have been Obama supporters and serve on the President's Council on Jobs and Competitiveness. They were among a dozen corporate executives who met with him at the White House last month to discuss the "fiscal cliff" problem.
A White House spokeswoman declined to comment on the report, as did a spokeswoman for American Express. A Xerox spokeswoman did not immediately respond to a request for comment.