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Whether he would fit the remit also remains to be seen.
Second, the PCC's remit also prevents it from defending press freedom and there is no alternative body that can act as an effective, united voice to do so.
Asked about the issue of late payments, James - whose remit also covers corporate governance - admitted: "That is a real blight on small companies and it's an outrage.
Ofsted's remit also includes inspecting children's homes and children's services.
Its broad remit also includes the fields of education, the environment, health and culture.
"The new remit also recognises that the Monetary Policy Committee may need to use unconventional monetary instruments to support the economy while keeping inflation stable," he said, while calling for greater communication and transparency between the Bank and the Treasury.
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As part of his remit, Chilcot also set out what lessons could be learned.
Its remit will also include raising awareness of the career potential of the NHS to ensure the workforce demands for the future are met.
Guardian Australia understands the inquiry's remit could also allow it to examine concerns about the impact of Facebook and firms like Cambridge Analytica on local political advertising.
Empowering its inspection panel to look into matters of corruption, which are currently not within its remit, would also be a useful step.
A third TalkSport complaint, that Radio 5 Live was broadcasting an excess of speech content outside of its live news and sport remit, was also rejected by the trust.
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