** FILE ** Gene Sperling, counselor to Treasury Secretary Timothy F. Geithner, arrives for the tax cut extension bill to be signed by President Obama during a ceremony at the Eisenhower Executive Office Building in the White House complex in Washington on Dec. 17, 2010. Mr. Obama was set to name Mr. Sperling director of the National Economic Council on Friday, Jan. 7, 2011. (AP Photo/J. Scott Applewhite)

Photo by: J. Scott Applewhite

** FILE ** Gene Sperling, counselor to Treasury Secretary Timothy F. Geithner, arrives for the tax cut extension bill to be signed by President Obama during a ceremony at the Eisenhower Executive Office Building in the White House complex in Washington on Dec. 17, 2010. Mr. Obama was set to name Mr. Sperling director of the National Economic Council on Friday, Jan. 7, 2011. (AP Photo/J. Scott Applewhite)