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Is Obama Courting Bloomberg For His Administration?

NEW YORK (1010 WINS) -- Could Mayor Michael Bloomberg be contemplating a move from the Big Apple to the Capitol?

That's the word on the street.

LISTEN: 1010 WINS' Stan Brooks Reports

After the city's mayor and President Obama engaged in a four-hour long golf game last week, rumors began circulating that the president is looking to recruit Bloomberg for his administration – possibly as treasury secretary, or another major economic position.

"It would be a good move for the president to appoint [Bloomberg] as treasury secretary or president of the World Bank," said political consultant Hank Shankoff. "While New York State lags, New York City is recovering. Mike Bloomberg led the city out of its chaos after 9/11, restoring confidence in the business community for the city's future."

Shankoff pointed out that the chances of the mayor leaving his current position aren't overwhelming, because Bloomberg "loves" being the head of New York City.

And would the Republican-turned-Independent even be able to leave, after he worked to change the term limits law, allowing him to stay for a third term?

"When the president of the United States calls and asks you to serve, it is very difficult to say no to your nation," said Shankoff. "If Mike Bloomberg is called, he may very well go."

The mayor's office denies a move is imminent, suggesting that it's been decades since Bloomberg has had a boss – and he plans to serve the rest of his term.

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