Top US economic adviser Christina Romer quits

christina-romer

Christina Romer, the chair of the White House's Council of Economic Advisers, on Thursday evening resigned from her post amid speculation that she is a contender to head the San Francisco Federal Reserve.

Leading media have reported that Romer is keen to succeed Janet Yellen as president of the San Francisco Fed, when Yellen leaves to become vice-chairman of the Fed's board of governors in Washington. The Senate Banking Committee approved Yellen's nomination, with some bipartisan support for her

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