Obama picks JP Morgan's Daley as chief of staff
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US President Barack Obama on Thursday 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 local time. Obama is to name the current chief of staff, long-time aide Pete Rouse, as counselor to the president. (Reuters)
