White House Chief Of Staff Declines JPMorgan Invite - NYTimes.com
U.S. President Barack Obama's chief of staff, Rahm Emanuel, has declined an invitation to attend a board meeting of JPMorgan Chase & Co, a White House official said on Sunday.
The New York Times reported over the weekend that Emanuel, the president's top aide, had agreed to attend the meeting, which was to be held in Washington on Monday, pending a review by the White House counsel.
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It would appear that the decline was due to conflict of interest regulations, in my opinion rightly so.