Emanuel to Seek 2nd Term as Chicago Mayor

Chicago Mayor Rahm Emanuel plans on seeking re-election in 2015 and says he's not seeking higher office.

The former White House chief of staff told the Chicago Sun-Times he'd support a presidential run of either Vice President Joe Biden or former Secretary of State Hillary Clinton, but he's not going anywhere. Emanuel took office in 2011 and says if he wins a second term he'll serve it out.

Emanuel says one of the frustrations has been changing Chicago's culture to one of accountability.

He acknowledged the political risk of his plan to close 54 city schools. He says there's also a risk of reputation for Chicago's schools if things don't improve.

Emanuel says he plans to keep on both leaders of the Chicago Police Department and Chicago Public Schools.