Records: Bill Daley made more than $20M in 2010

February 18, 2011 7:00:28 PM PST
Financial disclosure forms made public Friday show President Obama's new chief of staff Bill Daley made a lot of money last year.

Daley reported making more than $20 million in salary, bonuses and other income in 2010. Much of that income was from JP Morgan Chase and Company where he was a top executive.

The White House says Daley is recusing himself from matters involving JP Morgan and also divesting all of his holdings in individual companies.

Federal law requires certain top officials to file the disclosure forms.