President Barack Obama is considering naming William Daley, a JPMorgan Chase & Co. executive and former U.S. Commerce secretary, to a high-level White House post, possibly as his chief of staff, people familiar with the matter said.
Such a move, which is still under discussion and which White House officials wouldn’t confirm, would bring a Washington veteran and someone with strong business ties into the administration as Obama enters the second half of his term. The president is faced with a Republican majority in the House of Representatives and is trying to accelerate the U.S. economic recovery while addressing the budget deficit.
Full Story: Obama Said to Consider William Daley for Top White House Post – Bloomberg