President Barack Obama bid farewell to Chief of Staff Rahm Emmanuel on Friday.
"We could not have accomplished what we've accomplished without Rahm's leadership," Obama said.
Emmanuel, an Illinois native, is leaving his prestigious post behind in hopes of becoming the next mayor of Chicago.
Click play for an updated report on Emmanuel's departure with CBN News White House Correspondent David Brody. Also, click here to see a timeline of Emanuel's political career.
The president will name Pete Rouse, a trusted senior adviser, as his interim chief of staff. The 64-year-old is also on the short list of candidates to be the permanent replacement.
The longtime aide to former Senate Majority Leader Tom Daschle has worked with Obama since his tenure as an Illinois senator.
"There is a saying around the White House: `Let's let Pete fix it,' " Obama said. "And he does."
Those who are familiar with Rouse, say he will give the president what he needs -- a sharp and strategic mind, a sense of continuity, a knack for troubleshooting, and an ability to keep people focused on their tasks.
Other names being considered to fill Emanuel's shoes reportedly include Tom Donilon, the deputy national security adviser, and Ron Klain, Vice President Joe Biden's chief of staff.