William Daley, JPMorgan Chase senior executive and Secretary of Commerce during the Clinton administration, has been named the new White House Chief of Staff.
Daley officially takes over for Rahm Emanuel who left to return to Chicago to campaign for mayor (coincidentally, Mr. Daley’s brother Richard serves as Chicago’s current Mayor). Pete Rouse, who served as interim chief of staff, will continue as a Counselor to the President.
See the full story in the New York Times.
In today’s special announcement in the East Room, President Obama said he was “proud to announce the appointment of an experienced public servant, devoted patriot, and my friend, fellow Chicagoan Bill Daley, to serve as my Chief of Staff. Few Americans can boast the breadth of experience that Bill brings to this job.”