BUSINESS
01/24/2011 12:30 am ET | Updated May 25, 2011

Point Man On U.S. Sanctions To Depart

The point man for the Obama administration's financial wars on Iran, North Korea and al Qaeda, Stuart Levey, has decided to leave his senior U.S. Treasury Department post at what is turning out to be a particularly critical time.

Mr. Levey's departure will leave President Barack Obama without the principal architect of Washington's economic-sanctions campaign against Tehran, just as that campaign is likely to be ramped up following the breakdown of talks among Iran, the U.S. and a bloc of global powers on Saturday.

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