Yesterday it became clear that President Obama has picked JP Morgan banker anf Fannie Mae board member Bill Daley as his chief of staff. Daley will replace fellow Chicagoan Rahm Emanuel. The pick says quite a bit about the state of the Obama White House. Fiscal conservative Larry Kudlow immediately praised Daley , saying he would ease the White House's anti-business image. Ben Smith concurred , dubbing Daley “right of center on policy.” He is certainly right of the Obama administration, having opposed both ObamaCare and the Dodd-Frank FinReg bill. read more
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Open Thread: Obama’s Pick for Chief of Staff