When Mr. Pyle appeared at the Carnegie Endowment in June last year, he outlined Mr. Biden's policy toward less developed countries, saying, “I do not believe that trade policy is the core of international economic policy.'' “Just as the challenges of other developed economies begin with investment, so too do the challenges of developing countries.”
As part of that investment campaign, Mr. Pyle is spearheading the use of public-private financial partnerships to build infrastructure projects in developing countries, an effort to counter China's expanding financing under the Belt and Road Initiative. He has also been closely involved in negotiating the Indo-Pacific Economic Framework, Mr. Biden's new economic pact for Asia, which came under fire after his administration withdrew from the trade component of the deal last November. There is.
Despite the backlash over the Indo-Pacific deal, people close to Mr. Pyle say he – like many other trade executives – had been planning to resign for months. . And he's in good company. Several departures have been announced in recent weeks, including Deputy Trade Representative Sarah Bianchi, Chief of Staff Heather Hurlbert, General Counsel Greta Peisch, and Labor Secretary Josh Kagan. Deputy Trade Representative Jamie White resigned last fall.
Prior to joining the NSC, Mr. Pyle served as economic advisor to Vice President Kamala Harris, and before that served as chief investment advisor at asset management firm BlackRock. He also worked at the Treasury Department under former President Barack Obama.
Mr. Pyle's final day is unclear, but could be late this month or early next year, said the people, who requested anonymity to discuss the changes, which have not yet been made public. His successor has not been determined.
Alex Ward contributed to this report.