WASHINGTON (AFP) — US President George W. Bush's top economic adviser, Allan Hubbard, will step down at the end of the year, becoming the latest White House aide to quit the administration, the White House said Wednesday.
Hubbard, who was appointed to his post in January 2005 following Bush's re-election, had worked on "creative, sensible policies that have helped Americans continue to compete and prosper and live better lives," according to a statement by Bush.
Hubbard, who served as the president's economic policy adviser and director of the National Economic Council, would be replaced by Keith Hennessey, a former deputy to three directors of the council who has also worked for the Senate Budget Committee, it said.
Hennessey was described by Bush as "an important member of my White House team for more than five years."
Bush has seen several top aides leave the White House this year, including top political adviser Karl Rove, communications chief Dan Bartlett, budget director Rob Portman, and public diplomacy czar Karen Hughes.
Last week, Bush's top aide for domestic security and counter-terrorism, Fran Townsend, announced she would step down after the new year.
Bush's term ends in January 2009.
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