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Point Man On U.S. Sanctions To Depart

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Treasury Under Secretary for Terrorism and Financial Intelligence Stuart Levey (R) answers reporters' questions during a press briefing at the White House June 16, 2010 in Washington, DC. Levey talked to reporters about the new round of sanctions against Iran and entities doing business with Iran and the Revolutionary Guard. (Photo by Chip Somodevilla/Getty Images) | Getty

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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