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MATT DRUDGE // DRUDGE REPORT 2002�






XXXXX DRUDGE REPORT XXXXX SUN SEPT 22 2002 10:58:17 ET XXXXX

BUSH TEAM SHAKEUP: Economist Layoffs at the White House?

Senior White House officials tell Monday's TIME there will be a "major shake-up in the economic team" after the election.

President George W. Bush's top economic adviser, Larry Lindsey, is the most likely to go, reports TIME's John Dickerson.

Glenn Hubbard, chairman of the Council of Economic Advisers, "is well regarded but may also leave to resume his academic career and rejoin his family in New York."

Treasury Secretary Paul O'Neill "is likely to stay, but in the background." Dickerson adds, "No new names have surfaced to fill any vacancies."

END




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