Chicago Mayor Rahm Emanuel has picked a longtime Credit Suisse executive to serve as the city's deputy mayor.
Emanuel's office announced Wednesday that Steven Koch is taking over the position being vacated by Mark Angelson, effective Sept. 4.
Emanuel says Koch's experience in business and government will help create more economic opportunities. And Koch also says he plans to focus on bringing jobs to Chicago.
Koch has spent 27 years at Credit Suisse, where he's held senior leadership roles in the Mergers and Acquisitions and the Investment Banking departments. He also serves as board chairman of both the Sinai Health System of Chicago and the Greater Chicago Food Depository.
The mayor's office says Koch will make $1 a year in his new role, as his predecessor did.
Republicans call them "scandals." Democrats call them "fishing expeditions." Whatever the case, the Obama administration finds itself trying to fix three big problems this week. FOX's Bret Baier reports.
Republicans call them "scandals." Democrats call them "fishing expeditions." Whatever the case, the Obama administration finds itself trying to fix three big problems this week. FOX's Bret Baier reports.
Friday, May 17 2013 7:51 PM EDT2013-05-17 23:51:51 GMT
Illinois Gov. Pat Quinn must decide if he will sign a measure allowing the use of marijuana for medical purposes after the state Senate approved legislation on Friday.
Illinois Gov. Pat Quinn must decide if he will sign a measure allowing the use of marijuana for medical purposes after the state Senate approved legislation on Friday.
Faced with a trio of controversies, President Barack Obama is trying to halt a perception spreading among both White House opponents and allies that he has been passive and disengaged as unexpected developments...
President Barack Obama, seeking to regain his footing amid controversies hammering the White House, named a temporary chief for the scandal-marred Internal Revenue Service Thursday and pressed Congress to approve new...
After initially opposing the legalization of medical marijuana in Illinois, Lieutenant Governor Sheila Simon now supports the bill awaiting a State Senate vote. She told Good Day Chicago why she changed her mind.
After initially opposing the legalization of medical marijuana in Illinois, Lieutenant Governor Sheila Simon now supports the bill awaiting a State Senate vote. She told Good Day Chicago why she changed her mind.
Tuesday, May 14 2013 1:30 PM EDT2013-05-14 17:30:12 GMT
Alderman Brendan Reilly (42nd) said he has been meeting with municipal bond experts to try to find a way for the city to buy its 36,000 meters back from Chicago Parking Meters LLC.
Alderman Brendan Reilly (42nd) said he has been meeting with municipal bond experts to try to find a way for the city to buy its 36,000 meters back from Chicago Parking Meters LLC.
An Afghan official says a bomb hidden in a parked motorcycle has ripped through a crowded bazaar in a remote region of the southern Helmand province, killing at least three people and wounding seven.
A roadside bomb struck a U.S. convoy in southern Afghanistan Tuesday, killing three American troops, while a motorcycle bomb in a crowded village market killed at least three Afghan civilians, officials said.
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