President's Economic Advisor to Step Down - KAUZ-TV: Newschannel 6 Now | Wichita Falls, TX

President's Economic Advisor to Step Down

The President's top economic adviser will soon be stepping down.

Lawrence Summers will leave the White House at then end of the year and return to a teaching position at Harvard University.

Summers is the third key member of the President's economic team to leave in recent years.

His departure would give the White House an opportunity revamp its economic team after the November elections.

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