Obama Taps William Daley for Chief of Staff

President Obama has named his new Chief of Staff. William Daley, brother of Chicago Mayor Richard Daley, served as Commerce Secretary for the last three years of the Clinton Administration. He's currently a senior executive with JP Morgan Chase. His appointment is part of what the White House calls an "overhaul" with two years to go until the next election. Shirley Anne Warshaw is Presidential Scholar at Gettysburg College and author The Co-Presidency of Bush and Cheney.