Gene Sperling to Leave White House Post - FBN

August 27, 2013 12:22 PM EDT
FOX Business Network (FBN) Senior Correspondent Charlie Gasparino is reporting that National Economic Council Director Gene Sperling is leaving his post. Jeffrey Zients is expected to be named as his replacement.

"The Obama Administration could be planning a significant shakeup in its economic team, the Fox Business Network has learned," Gasparino reported. "Washington insiders say Gene Sperling, the director of the National Economic Council, is telling people he may soon leave the post as one of President Obama’s top economic advisers."

He added, "These same people say that high on the short list of replacements is Jeffrey Zients, a businessman, and former acting director of the Office of Management and Budget. A White House spokesman would not deny Sperling's departure or that Zients is the leading candidate to take his job... Senior executives on Wall Street say if he leaves the Obama Administration Sperling will likely take a private sector job. He didn't return numerous calls for comment. Zients didn't respond to emails and telephone calls for comment."

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