Favreau, Obama speechwriter, weighing White House exit Posted at 03:17 PM ET, 12/04/2012 (Pete Souza - The White House) As team Obama prepares for his second inaugural address, there's word that White House chief speechwriter Jon Favreau may leave the administration soon thereafter. We hear he's mulling various options but hasn't made a decision about his second-term plans. Favreau was only 27, the youngest chief speechwriter ever, four years ago when he helped craft and edit President Obama's first inaugural address. And he's also credited with penning some of Obama's best stuff during the 2008 campaign. Favreau became something of a celebrity in town for a while in the new administration, dating actress Rashida Jones, the daughter of Quincy Jones and Peggy Lipton. But the gifted wordsmith, while still very much on the scene - there was that shirtless incident in a Georgetown bar in 2010 and then that long profile in GQ in June 2011 - has been less the celeb of late. Unclear what the departure date will be, but most likely after the inaugural or after the State of the Union in February.