Thursday, January 6, 2011
Obama picks JP Morgan's Daley as chief of staff
William Daley speaks during a press conference at the Senate building in Tallahassee.
President Barack Obama picked JP Morgan Chase executive William Daley as his new White House chief of staff as part of a major retooling of his team, a senior White House official said.
The announcement was to come at 2:30 pm. Obama is to name the current chief of staff, long-time aide Pete Rouse, as counselor to the president.
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