From: http://news.yahoo.com/s/ap/20110106/ap_on_re_us/us_white_house_shakeup
WASHINGTON – 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.
[…]
His brother, Richard Daley, is the mayor of Chicago, the post that Obama’s first chief of staff, Rahm Emanuel, left his job in October to seek. The Daley brothers are sons of Richard J. Daley, who was Chicago’s mayor from 1955 to his death in 1976.
Please note that the article does not mention that Daley worked for JP Morgan, although, in yesterday’s article that speculated that Daley would become Chief of Staff, it was mentioned that Daley did work for JP Morgan.