Christina Romer, one of Pres. Obama’s most pivotal economic advisers, has decided to resign her post, the White House said Thursday.
President Obama said in a statement that Romer’s decision was guided by “family commitments.” But according to The National Journal, Romer, whose official title is chair of the Council of Economic Advisers, has been frustrated that she doesn’t have as much access and influence over the president as main financial adviser Larry Summers.
“She doesn’t feel that she has a direct line to the president,” a source told the magazine. “She would be giving different advice than Larry Summers, who does have a direct line to the president.
She is ostensibly the chief economic adviser, but she doesn’t seem to be playing that role,” the source said.
It is not clear yet who would replace Romer who plans to return to her teaching post at the University of California at Berkeley, effective Sept.3. White House observers see Austan Goolsbee, a member of the Council of Economic Advisers, as a possible choice.
Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!