Another Obama financial adviser leaving - KWWL - Eastern Iowa Breaking News, Weather, Closings

Another Obama financial adviser leaving

WASHINGTON (AP) -- Alan Krueger, a top economics official at the Department of Treasury, will leave his post next month to return to academia, becoming the latest in a string of departures from the Obama administration's economic team.

A spokesman for the Treasury confirmed that Krueger, assistant secretary for economic policy, would return to Princeton University, where he previously served as a professor of economics.  News of Krueger's departure comes after several other high-profile announcements of Obama economic advisers resigning amid concerns over the sluggish pace of the recovery.

With unemployment remaining stuck at painfully high levels, Democrats are bracing for heavy losses in the upcoming congressional elections.

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