Former Obama chief strategist David Axelrod has accepted the position of Senior Adviser in the White House, sources tell ABC News.

He will join Rep. Rahm Emanuel, D-Ill, who has accepted the position of Obama's White House Chief of Staff.

Axelrod is a sharp political strategist and Emanuel brings a lot of strengths to the office.

The New Republic adds that Axelrod and Emanuel are close friends -- Axelrod even signed the ketubah at Emanuel's wedding. Rolling Stone...