Obama May Appoint JPMorgan Exec

U.S. President, Barack Obama, may name former commerce secretary, William Daley, as the chief of staff.

U.S. President, Barack Obama, may name former commerce secretary, William Daley, as the chief of staff, The Associated Press reports. Daley is the Midwest chairman of JPMorgan Chase and its head of corporate responsibility. If appointed, Daley will replace the interim chief of staff, Pete Rouse. Previously, Daley was president of SBC Communications and has served on several corporate boards, such as Boeing and Abbott Laboratories, adds Bloomberg.

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