Bill Daley's demotion

As Ezra Klein explains it: ".. when you're promising to orient much of the election around your support for financial reform and the Republican Party's opposition to Dodd-Frank, does it really make sense for Daley, an ex-JPMorgan Chase executive who was brought on partly to repair relationships with Wall Street, to lead the effort? Probably not. And so he isn't."

Let's call this what it is and nothing less: a victory.