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Adios, Larry Summers
Link from Bloomberg. Economic advisor Larry Summers will leave his post at the White House after the elections. I was never a big fan so I think it will be a good change. Should be interesting to see who is appointed to take his place.
White House officials expect Lawrence Summers to leave his job as the president’s National Economic Council director after November’s congressional elections, according to three people familiar with the matter.
His departure would leave Treasury Secretary Timothy Geithner as the only member of President Barack Obama’s original top-tier economic team. Summers, 55, and the president have discussed his future plans, according to one person.
Administration officials are weighing whether to put a prominent corporate executive in the NEC director’s job to counter criticism that the administration is anti-business, one person familiar with White House discussions said. White House aides are also eager to name a woman to serve in a high-level position, two people said. They also are concerned about finding someone with Summers’ experience and stature, one person said.
The people familiar with White House discussions spoke on condition of anonymity because no decisions have been made.
Looks like Emanuel may be departing too, as early as next month.
CHICAGO (CBS) ―
A source close to White House Chief of Staff Rahm Emanuel says it is possible he will leave the White House next month, weeks earlier than originally thought, to run for mayor of Chicago.
On Wednesday, the word from the White House was that Emanuel has done everything except make reservations for a flight home. CBS 2 has learned that Emanuel has been whispering to friends that he's done some polling in Chicago and is liking the numbers he's getting.
CBS 2 Chief Correspondent Jay Levine reports that longtime Emanuel associates believe the decision has been made.
Emanuel has been sounding them out since the day after Mayor Richard M. Daley said he would not seek re-election. And two independent sources said that he's considering leaving the White House sometime next month.
