President Obama says he would like to establish a “secretary of Business” if he wins a second term.

In an interview with MSNBC, the president said he wants to consolidate a number of business and trade-related agencies, creating a “one-stop shop” for oversight

“I’ve said that I want to consolidate a whole bunch of government agencies. We should have one secretary of Business, instead of nine different departments that are dealing with things like giving loans to SBA [the Small Business Administration] or helping companies with exports,” he said in an interview with MSNBC’s Mika Brzezinski and Joe Scarborough.

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