Christina Romer, one of President Barack Obama's most pivotal economic advisers, is resigning, a change that comes as the White House struggles to show signs of clear economic gains to a hurting nation.
Romer, the head of the Council of Economic Advisers, announced her resignation Thursday, effective Sept. 3. She becomes the second high-level Obama aid to leave this summer, following the resignation of White House Budget Director Peter Orszag.
A person close to Romer said she is a top contender to be named president of the Federal Reserve Bank of San Francisco, an appointment that would be made by the regional organization's board of directors. The source spoke on condition of anonymity because a decision has not been made.
............The white House claims we are on the road to recovery but we still have double digit unemployment and Romer, who resigns just happens to be the top contender for the appointment as president of the Federal Reserve Bank of San Francisco
"sniff, sniff"...............anyone smell anything???
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