Another Exit

A top Reaganaut resigns

One more leading economic official is leaving the Reagan Administration, and this time the announcement took even some people in the White House by surprise. On his trip to St. Louis last week, President Ronald Reagan, chatting informally with a local television news reporter, mentioned that "one of your own will be returning to St. Louis." When the reporter asked casually, "Who is that?" Reagan replied just as offhandedly, "Well, it is Murray Weidenbaum."

Two weeks ago, Weidenbaum, 55, informed the President that he wanted to leave his job...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!