National Security Council economic official poised to leave Biden administration

The Biden administration is poised to experience a significant departure from its top ranks, with Mike Pyle, deputy national security adviser for international economics, set to step down in the near future, as Politico reports.

The move was revealed to the outlet by three individuals who are reportedly knowledgeable about the situation.

Pyle set to leave Biden administration

President Joe Biden's agenda on global trade is in the midst of additional upheaval in light of a series of other recent and planned departures among top officials at the Office of the U.S. Trade Representative, according to the outlet.

Pyle's work during his tenure at the National Security Council has encompassed a range of matters touching on global trade, mineral negotiations, international investment, and more.

His approach has centered not on the traditional route of conventional trade negotiation tactics, but rather on the use of federal funds to spark infrastructure investment in developing parts of the world.

To that end, Pyle has spearheaded Biden administration efforts to establish public-private partnerships in order to counter China's strategies related to its Belt and Road Initiative.

Another of his areas of focus has been to solidify terms of the Indo-Pacific Economic Framework, though the administration has stepped back from certain parts of the pact in recent months, drawing the ire of some critics.

Varied professional background

According to Politico, Pyle previously served as an economic adviser to Vice President Kamala Harris and also worked as chief investment adviser at BlackRock.

Prior to that, he spent time in then-President Barack Obama's Treasury Department.

Bloomberg noted that Pyle is also a Yale Law School graduate whose family has remained in New York City during his time in the Biden administration.

Returning to the Big Apple to spend more time with his loved ones was reportedly a key factor in his decision to leave D.C., according to sources familiar.

Pyle's final day in his current role has not been revealed, but it is expected to come either at the end of January or in early February, and the next person to fill the position within the administration has yet to be announced.