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Detailed text transcripts for TV channel - FOXNEWS - 20110107:09:02:00

appointment. bill daley is man of stature in global trade and affairs. this is the latest in what is shaping up as overall of senior staff positions at the white house. i will make more changes. among those that are gone or going is rahm emanuel, paul volcker, david axelrod, press secretary robert gibbs. among those coming in chief of staff william daley, gene sperling director of the national white house economic council and david plouffe. what do the changes signal? what we re having here is a course change for the election. i don t think we re having a fundamental ideological change out of the white house whatsoever. this is about how to get 270 electoral votes.

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Detailed text transcripts for TV channel - FOXNEWS - 20110107:09:42:00

america. why is president obama bringing the folks in? the quick answer is he wants to make friends with the business community. one of the insightful comments i saw is bill daily chief of staff will determine who gets to see the president. there will be more business meetings and the level of trust among people who had given money to president obama in the campaign from wall street was gone after the first two years. trying to rebuild the trust. get them to pay more investment to green shoots economy. that s what this is about. bret: charles, a little more than a year ago, daley wrote op-ed for the washington post where he said, the agenda of the party most liberal supporter has not won supporter of majority of americans. they need to move to the

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Detailed text transcripts for TV channel - FOXNEWS - 20110107:09:44:00

four years. daley is perfect. in the early 90s he shepherded nafta and the chinese trade agreement. so he is a free trader. he is the guy as we heard opposed obamacare and is a lobbyist and worker for jp morgan had opposed the financial reform. when the semi-radical items that obama got through in the 111th congress, he is against it. he is who you want as the face of the administration for two years from a political perspective, exactly the right choice. bret: meantime, other changes here. economic team changed dramatically. larry summers left. gene sperling is the director of the white house national economic council. gene sperling has ties to the clinton administration. paul volcker is leaving as well. this is a shake-up in the economic team in a shaky

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Detailed text transcripts for TV channel - FOXNEWS - 20110107:09:01:00

as chief of staff. doug mcelroy says about what this election says about where the president is going. reporter: after the second senior staff change in as many days the white house sends unmistakable message course correction may be at hand. you, mr. president, proving your strength, your leadership, your vision in a most difficult time for our nation and for the world. you have also shown through your example that public service is honorable calling and i am pleased to answer your call. reporter: william daily, the youngest child of chicago mayor richard daley and brother of the outgoing mayor returns to public service from his job for corporate accountability of j.p. morgan. his banking and private sector experson and clinton era secretary of commerce got enthusiastic endorse fire department the u.s. chamber of commerce. the president tom donahue said, this is a strong

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Detailed text transcripts for TV channel - FOXNEWS - 20110107:09:39:00

as the chief of staff. i used to say in last two years, there was nobody in the white house that run a lemonade stand. they were college professors and former officials. this guy has been in the private sector, been part of business. my first reaction is it sounds like a good idea. bret: there is some reaction from the white house to the chief of staff, naming of bill daley, former commerce secretary. here is the left s reaction. a twitter tweet from daily coast founder who just said, sigh. ezra klein on his blog said the daley pick seems like a bad idea to me. liberal blogger jane hampshire said the house oversight committee chairman darrell issa will investigate fannie and freddie. daley was a fannie mae board member. and fannie is the third most hated cane in america. like painting a sign on your back that says kick me. here is robert weissman, the public of the public citizen. why in the world is president obama selecting as his chief

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