White House chief of staff resigns

White House Chief of Staff Bill Daley is stepping down and will be replaced by Jack Lew, the administration’s budget director, President Obama said Monday.

“Bill told me that he wanted to spend more time with his family,” Obama said from the White House, with Daley to his left and Lew to his right. “I didn’t expect Bill’s decision right away. I asked him to take a couple days to make sure that he was sure about this.”