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Sprinkel Wants to Keep Post

October 28, 1987|Associated Press

WASHINGTON — Beryl W. Sprinkel has advised the White House informally that he has changed his mind and wants to stay on as chairman of President Reagan's Council of Economic Advisers instead of resigning as planned, an Administration official said today.

The official, who demanded anonymity, said Sprinkel indicated he wants to continue assisting the Administration in dealing with the stock market crisis and seeking a deficit-reduction compromise with Congress. Sprinkel, 63, is a former bank economist from Chicago.

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