Commerce Secretary Post
In January 2009, news sources reported that Barack Obama was considering Thompson to fill the Commerce secretary post in the Obama administration. Thompson was a strong supporter of Barack Obama's campaign during the 2008 election cycle. Ultimately, Senator Judd Gregg was chosen for the post but withdrew his name on Thursday, February 12. Thompson again remained a potential candidate until the successful appointment of Gary Locke.
Speaker of the House Nancy Pelosi appointed Thompson to the Financial Crisis Inquiry Commission in 2009.
Read more about this topic: John W. Thompson
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We have one sap and one root—
Let there be commerce between us.”
—Ezra Pound (1885–1972)
“The truth is, the whole administration under Roosevelt was demoralized by the system of dealing directly with subordinates. It was obviated in the State Department and the War Department under [Secretary of State Elihu] Root and me [Taft was the Secretary of War], because we simply ignored the interference and went on as we chose.... The subordinates gained nothing by his assumption of authority, but it was not so in the other departments.”
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—Thomas Jefferson (1743–1826)