President Obama's top economic adviser, Larry Summers, is leaving the White House at the end of the year, the administration announced Tuesday. Summers will leave his post as director of the National Economic Council to return to Harvard University as a professor. "I will miss working with the president and his team on the daily challenges of economic policymaking," Summers said in a written statement. "I'm looking forward to returning to Harvard to teach and write about the economic fundamentals of job creation and stable finance as well as the integration of rising and developing countries into the global system." Summers will continue to serve as a member of Obama's economic advisory board. Summers leaves as the economic recovery limps along with unemployment stuck near 10 percent. He would be the third high-level member of the Obama economic team to leave this year, following the departures of budget director Peter Orszag and Christina Romer,...
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