Newsweek‘s White House correspondent Holly Bailey is taking a buyout and leaving the mag, Politico reports.

Via Calderone: “Holly has been a great asset to the bureau, and I’m sorry to see her go,” said Washington bureau chief Jeffrey Bartholet. “Katie Connolly will continue to cover the White House for us on a daily basis. Howard Fineman and Jonathan Alter will also continue writing about national politics for the magazine and Newsweek.com.”

We’ll let you know when we hear what Bailey is up to next.