Jack Lew will replace Bill Daley as White House chief of staff, WSJ is reporting.
Update:
Daley gave his letter of resignation to the president in a private meeting in the Oval Office last week, reports LaTi.
Lew is a Clinton operative, which adds credence to the speculation that Hillary may take the vice-presidential position in Obama's attempt to hold the White House.
Lew served as budget director under President Clinton, and as deputy director of the Department of State under Hillary Rodham Clinton before taking the budget job in the Obama administration.
Update 2: Lew also served as a top executive at Citigroup. He made millions at Citi, including a bonus of nearly $950,000 in 2009 just a few months after the bank received billions of dollars in a taxpayer rescue, according to disclosure forms filed with the federal government.
Bottom line: A total insider operative for the elitists.