eBay CEO John Donahoe called the current impasse in Washington over the budget deficit “enormously frustrating,” encouraging the President and Congress to consider a framework similar to the Simpson-Bowles plan.
At a discussion hosted by the Wall Street Journal, Mr. Donahoe focused mostly on the future of eBay, describing efforts to take advantage of growth in mobile commerce. A former colleague of Mitt Romney’s at Bain & Company, Mr. Donahoe confessed that he supported President Obama in his bid for re-election, mostly because his wife is U.S. Ambassador to the U.N. Human Rights Council.