updated 2/1/2013 12:04:19 PM ET 2013-02-01T17:04:19

WASHINGTON (Reuters) - U.S. Energy Secretary Steven Chu said in a resignation letter on Friday that he intends to remain in his post past the end of February to help the department find a successor.

"In the short term, I plan to stay on as Secretary past the ARPA-E Summit at the end of February," he said in the letter referring to an annual the Advanced Research Projects Agency-Energy conference that ends on February 27. "I may stay beyond that time so that I can leave the department in the hands of the new Secretary," he added in the letter sent to colleagues.

A senior administration source said earlier that Chu would step down as expected as President Barack Obama revamps his energy and environment team.

(Reporting by Timothy Gardner; Editing by Jackie Frank)

(c) Copyright Thomson Reuters 2013. Check for restrictions at: http://about.reuters.com/fulllegal.asp

Discuss:

Discussion comments

,

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 4.99%
$30K home equity loan FICO 6.19%
$75K home equity loan FICO 5.91%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 10.93%
10.93%
Cash Back Cards 16.34%
16.34%
Rewards Cards 15.80%
15.80%
Source: Bankrate.com
  1. Jump to text

    WASHINGTON (Reuters) - U.S. Energy Secretary Ste...

  2. Jump to discussion

    Energy Secretary Chu says will stay at post past...

  3. Jump to data

    See the latest rates around the country