Obama Chooses Daley as Chief of Staff

By Ben Feller | January 6, 2011 | 2:53 PM EST

In this Nov. 10, 2000 file photo, William Daley speaks in Tallahassee, Fla. Enforcing change at the height of the White House, President Barack Obama is hiring Daley to be his chief of staff, choosing a veteran political manager with Wall Street ties to direct an operation now steaming toward re-election mode. (AP Photo/Mark Foley, File)

Washington (AP) - President Barack Obama named veteran political manager William Daley to be his new chief of staff Thursday, selecting a centrist with Wall Street ties to help navigate a newly divided Congress and a looming re-election.

"Few Americans can boast the breadth of experience that Bill brings to this job," Obama told reporters in the East Room as Daley, 62, stood at his side.

"But most of all, I know Bill to be somebody who cares deeply about this country," the president said.

The appointment represented the most significant move in a far-reaching and ongoing staff shakeup that included the departure of Obama's press secretary and several key deputies and economic advisers.