Exodus from Trump’s economic team continues despite fresh fears about new closures and coronavirus crisis

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Exodus from Trump’s economic team continues despite fresh fears about new closures and coronavirus crisis
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A senior Treasury official is set to depart the administration, according to three people familiar with the matter, the week after two senior White House officials signaled they were leaving.

with administration officials during his tenure and did not have a strong working relationship with the president or a major role in crafting economic policy. The White House Council of Economic Advisers will probably have a greater role in forming administration policy now that Philipson has departed, according to one person familiar with internal administration matters who spoke on the condition of anonymity to talk candidly. Philipson did not return requests for comment.

“It reflects a great deal of confusion about the path going forward by the Republican economists there and the terrible situation we find ourselves in,” Hoagland said of the departures. “It’s a high level of frustration, especially at the career staff level.”It is unclear whether the absences will weaken the administration’s capacity to craft further response measures to the economic crisis.

The White House has not taken official positions on a range of key economic policy matters still being debated and has confused lawmakers with conflicting signals. White House officials have, for instance, signaled that they are deferring to Congress on small-business relief in the next stimulus package, according to one person in communication with lawmakers who spoke on the condition of anonymity to discuss private conversations.

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