Obama to Name Denis McDonough Chief of Staff

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9:38 AM, Jan 25, 2013 • By DANIEL HALPER

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President Obama will long-time aide and deputy national security adviser Denis McDonough to be his next White House chief of staff, administration officials.

Obama will make an announcement at 12:10 p.m. in the East Room.

McDonough, 43, who has counseled Obama on foreign policy issues since the president's 2008 campaign, will replace Treasury Secretary-designate Jack Lew.