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| Politics
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| Obama economic adviser Romer steppi |
| Obama economic adviser Romer stepping down
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| UNITED STATES OF AMERICA
, 6-August-2010
4:50:17 AM |
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Christina Romer, one of President Barack Obama's top economic advisers, said on Thursday she was stepping down, an exit that comes as the White House struggles to keep the recovery on track with congressional elections looming in November.
Romer said she was quitting her post, effective September 3, to return to her job as professor at the University of California at Berkeley.
As chair of the White House Council of Economic Advisers, Romer helped oversee the response to the economic crisis, emerging as one of the most prominent voices promoting Obama's stimulus spending policies in the face of Republican accusations of government overreach.
Her departure marks the second big change in Obama's economic team. White House Budget Director Peter Orszag left earlier in the summer.
Romer's resignation comes at a critical juncture as Obama grapples with stubbornly high joblessness and signs of a slowing recovery from the deepest recession in decades. July unemployment numbers are due out on Friday.
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