larry summers fed chairman
Former U.S. Treasury Secretary Larry Summers has removed his name from consideration for Federal Reserve chair, The Wall Street Journal reported on Sunday.
In addition to Yellen, Obama has interviewed former Vice Chair Donald Kohn for the chairmanship. In recent weeks, Democratic
"But it is fair to say I have some concerns that would have to be answered. Would I rule it out entirely? No. But I have
"The president would have to use more of his political capital to get those votes," said Phillip Swagel, an economic adviser
The film director Alex Gibney wrote in The Daily Beast about Summers' Enron connection back in November 2008, when President
In answer to the question, "Why on earth should Larry Summers be chairman of the Federal Reserve?" his supporters usually allege that he is great in a crisis. Whether you believe that depends on your definition of "great." In fact, there is plenty of evidence that Larry Summers is actually kind of terrible in a crisis.
Moveon.org, a liberal group that provided major support to both Obama presidential campaigns, is circulating a petition entitled
Slate's Amanda Marcotte says she has heard that the sexist whisper campaign against Yellen has been encouraged by supporters
President Barack Obama is leaning towards former White House Economic Adviser Larry Summers as his choice to replace Ben Bernanke as chairman of the Federal Reserve, according to people who have been briefed on the administration's thinking.
Others who have been briefed by the administration cautioned that the decision is not yet final. As speculation that Summers