Obama Eyes William Daley as Rahm Replacement

The JPMorgan Chase exec has pro-business reputation

By Kevin Spak

Posted Jan 4, 2011 7:43 AM CST

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Clinton Commerce Sec Daley May Replace Rahm — William Daley, then Campaign Manager for Al Gore, briefs reporters at the Capitol in Tallahassee, in this Nov. 9, 2000 file photo, as former Secretary of State Warren Christopher (right) looks on. (AP Photo/Amy E. Conn, File)

President Obama is considering bringing on Clinton-era Commerce Secretary William Daley as his new chief of staff, or slotting him into some other high-level White House job, sources tell the Wall Street Journal. The appointment would send a powerful message to the business world, where Daley, a champion of free trade, is seen as an ally. Daley was a close adviser to Obama during his presidential campaign, and has long been considered a potential hire for him.

Daley is currently a senior exec at JPMorgan and the brother of retiring Chicago mayor Richard Daley.

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