President Obama’s top economic adviser, Lawrence Summers, is stepping down. On Tuesday, the White House said Summers will leave his post as director of the White House National Economic Council before the end of the year. Summers’s tenure at the NEC had marked a return to the White House following his stint as Treasury Secretary under President Bill Clinton. His key role under President Obama has drawn controversy because of Summers’s close ties to Wall Street and his backing of deregulatory polices that helped cause the economic crisis. According to Bloomberg News, the White House is considering naming a “prominent corporate executive” to replace Summers in order to counter Wall Street criticism that the administration is “anti-business.”