Stephen Friedman, President George W. Bush’s top economic adviser, is to leave the White House this year.
Mr. Friedman, who was chairman of the National Economic Council, the group that co-ordinates economic policy within the administration, is expected to return to the private sector. He was formerly co-chairman of Goldman Sachs with Robert Rubin, the Clinton administration’s Treasury secretary.
Candidates to replace Mr Friedman include Tim Adams, policy director for the Bush-Cheney re-election campaign and a former chief of staff for Treasury secretaries John Snow and Paul O’Neill.
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