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White House Chief Of Staff On Wall Street Protests: ‘I Don’t Know If It’s Helpful’

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"White House Chief Of Staff On Wall Street Protests: ‘I Don’t Know If It’s Helpful’"

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White House Chief of Staff Bill Daley told Slate’s Dave Weigel today that the ongoing 99 percent movement protests on Wall Street are not helpful to the administration’s push for its American Jobs Act. “I don’t know if it’s helpful,” he said. “I wouldn’t characterize it that way…I know the focus is on Wall Street, but it’s a broader discussion that we’re having.” Prior to joining the administration, Daley worked for mega-bank JP Morgan Chase. Just two days ago, when White House Press Secretary Jay Carney was asked about the protests, he replied, “To the extent that people are frustrated with the economic situation, we understand.”

Update

Treasury Secretary Tim Geithner, when asked about the movement, said “I feel a lot of sympathy for what you might describe as the general sense among Americans as whether we’ve lost the sense of possibility.”

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