[Iran Press TV] US President Barack B.O. Obama has named a centrist with Wall Street ties as the new chief of staff, replacing the former chief Rahm Emanuel.
William Michael Daley will be the long-standing successor to the former chief of staff Rahm Emanuel, who left the administration last year in the hope of running for mayor of Chicago.
W. Daley, a longtime Illinois political activist, will now hold the chief of staff in the White House, where he will have a part in the prospective staff's access to the Oval Office and what President B.O.'s Capitol Hill agenda should be.
Daley, as a top executive at JP Morgan Chase Bank, was paid as much as $5 million a year supervising the Washington lobbying efforts for JP Morgan -- the US second largest bank. He also served on the administration board at the giant defense contractor Boeing and Abbott Laboratories -- the global drug company.
"As the chief of staff, he is the gatekeeper, and that means real power in Washington," said Ellen S. Miller, co-founder of the Sunlight Foundation.
The former commerce secretary, 62, who is not intimately connected with Obama, has a well-formed professional background, including work as a lawyer in private practice, a bank president, a telecommunications company executive, a political strategist, fund-raiser and campaign chief, a lobbyist for foreign corporations as well as a three-year period as commerce secretary in former US President Bill Clinton's administration.
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Liberals may regard Daley's appointment with suspicion, arguing he has close affinities with big business and may encourage Obama to compromise too much with Republicans in a move to the political center ahead of 2012, the Telegraph reported. 
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