Exit by Trump Foe Emanuel Raises Concerns for Corporate Chicago
- Former Obama chief of staff has led the city since 2011
- He was facing an expanding field of challengers in 2019
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President Donald Trump won’t have Rahm Emanuel to kick around anymore, but corporate leaders in Chicago may not be as happy with the mayor’s decision not to seek a third term.
In a move that promises to trigger a political free-for-all and could rattle investors in bonds tied to the nation’s third-most-populated city, Emanuel, 58, announced Tuesday that he won’t run for re-election next year.