Google's Eric Schmidt not joining Obama administration

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Google's executive chairman Eric Schmidt has moved quickly to squash rumours of him joining the Obama administration.

His rebuttal comes after a report from the Washington Examiner suggested he could soon be joining President Obama in the White House.

The report had suggested the former chief executive of the Internet search engine giant could be in line to become secretary of Treasury of Commerce, or possibly take up a new position as secretary of business.

However, Schmidt has acted quickly to deny the report, telling the Wall Street Journal in an interview: "I said last time and I've said again that Google is my home. I have no interest in working for the federal government."

Schmidt has been with Google since 2001, bringing an internet marketing prowess to the firm as he helped oversee its rise from a small Silicon Valley startup project, to the Internet behemoth it is today. He was previously chairman and CEO of Novell as well as chief technology officer at Sun Microsystems; in total he has over 30 years experience in the technology industry.

These qualities saw Schmidt work alongside Google founders Sergey Brin and Larry Page to bring about a number of changes to its infrastructure as well as diversifying the services Google offers - proof that Schmidt could certainly have offered more to the Obama administration if he was to be called upon.

However, he already has a connection with the White House as a member of the President's Council of Advisors on Science and Technology - a role that he has previously stated would be sufficient enough for him at this time.

Schmidt has been somewhat of an ever-present in relation to Obama's policies, helping promote a 'jobs bill' that was part of Obama asking Congress for extra stimulus spending in 2011.

Google itself has stood by Obama's side throughout his presidency and re-election campaign, even handing the Democratic party a $1.9 million donation during the election race.

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