Key Obama economic adviser steps downNews added by ProWEB Media on August 6, 2010
Gary Linnell

ProWEB Media

Joined: December 27, 2005

Christina Romer, one of President Barack Obama's top economic advisers, announced this week that she will step down from her position to return to her job as professor at the University of California at Berkeley.

She will quit her position, effective September 3, marking the second big change to the administration's economic team after White House Budget Director Peter Orszag left earlier this summer.

Romer served as chair of the White House Council of Economic Advisers, helping to oversee the government's response to the recent economic crisis.

Her departure comes as the U.S. economy continues to struggle with high unemployment rates.

A statement by Obama released by the White House said, "Christy Romer has provided extraordinary service to me and our country during a time of economic crisis and recovery. The challenges we faced demanded more of Christy than any of her predecessors, and I greatly valued and appreciated her skill, commitment and wise counsel."
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