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Latest Business News

White House Budget Director Resigns

Tuesday, June 19, 2007 11:29:55 AM
By TERENCE HUNT

 Then-U.S. Trade Representative Rob Portman testifies on Capitol Hill in this May 11, 2006 file photo, before the Senate Budget Committee hearing on his nomination to be Office of Management and Budget Director. Portman is resigning and will be replaced by former Iowa Rep. Jim Nussle, Bush administration officials said Tuesday, June 19, 2007. (AP Photo/Dennis Cook, File)WASHINGTON (AP) - White House budget director Rob Portman is resigning and will be replaced by former Iowa Rep. Jim Nussle, Bush administration officials said Tuesday.

Nussle ran for governor of Iowa last year and was defeated. He has been serving in Iowa as an adviser in former New York Mayor Rudy Giuliani's campaign for the Republican presidential nomination.

The changes were to be announced Tuesday by President Bush.


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