Rohit Kumar, 39, who came up with a way to sell a USD 700 billion bank bailout to anxious lawmakers in 2008 when the financial system was collapsing, will quit from the post today as the chief negotiator for Senate Minority Leader Mitch McConnell of the Republican party.
As Congress braces for a possible government shutdown next month and the fresh danger of default before Thanksgiving, the departure of Kumar is a huge loss, the Washington Post reported.
In addition to losing Kumar, McConnell has lost his longtime floor general, Dave Schiappa, who left after nearly three decades to take a job as vice president at the Duberstein Group, a downtown lobbying firm.
Speaker of the House of Representatives John A Boehner has lost his chief negotiator, Brett Loper, a policy expert who came close to hammering out a grand bargain with the White House in 2011. Loper left in June to become a lobbyist for American Express.
He is taking time off to be a stay-at-home dad to his 3-year-old daughter, Kiera.