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Washington (CNN) — After months of all-out political war with the nation’s most powerful business lobby, President Obama appears to be on the verge of launching a dramatic peace offering to the president and CEO of the U.S. Chamber of Commerce, Tom Donohue.

Two sources familiar with the negotiations tell me that Obama was giving serious consideration to going into the lion’s den and delivering a speech at a December 2 jobs summit hosted by Donohue, whose organization just spent tens of millions of dollars trying to bring the president’s agenda to a screeching halt by helping to elect more pro-business lawmakers in the midterm election.

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