Biden losing key economic adviser

WASHINGTON — A key member of President Joe Biden’s economic team, Cecilia Rouse, will leave his administration in the spring, a White House official said Friday.

Rouse took academic leave from Princeton University to serve as chair of Biden’s Council of Economic Advisers, and she plans to return to there.

Rouse, a labor economist, was the first Black woman to lead the Council of Economic Advisers.

The pending departure comes after the midterm elections and as Biden’s term reaches its halfway point, often a time of transition for any presidential administration.

Bloomberg was first to report Rouse’s planned departure.