Via Fox News:
White House senior adviser David Axelrod confirmed Thursday that he will leave Washington next year to work on President Obama's re-election campaign, becoming the latest official in the president's inner circle to set the stage for an exit.
Axelrod, one of the president's closest and most trusted advisers, was expected to leave at some point after the approaching midterm elections, though it wasn't clear whether he would return to private life. He said in an e-mail to Fox News that he will transition, once again, to campaign mode in 2011.
"I'll be here well into 2011," he wrote. "At some point, I'll leave to work on reelect."
The president is getting used to this type of news (although Axelrod isn't leaving permanently). Herb Allison, the head of the government’s $700 billion financial bailout program, announced this week that he's resigning; director of the National Economic Council Lawrence Summers will leave his post at the end of the year; and two other economic advisers also recently resigned: budget director Peter Orszag and the chief of the Council of Economic Advisers, Christina Romer, both announced their exits this summer. And there could be at least one more: Obama's chief-of-staff, Rahm Emmanuel, is also considering leaving the administration in order to run for Chicago mayor.
No word on if Axelrod will return should Obama win a second term.