WASHINGTON (Reuters) - 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 p.m. EST (7:30 p.m. British time). Obama is to name the current chief of staff, long-time aide Pete Rouse, as counselor to the president.
(Reporting by Steve Holland, Editing by Sandra Maler)
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