Larry Summers is Obama’s Fed pick, Japanese paper claims

President Obama will sit down today with the chief executives of. Asked what the president’s message will be, one senior administration official pointed to comments made by Larry Summers, the.

Until a few months ago, Ms. Yellen had been widely seen as president barack obama. fed, maintaining the ben bernanke policies that are supporting a weak U.S. economy amid destructive budget battles.

President Barack Obama will name former Treasury Secretary Lawrence Summers as chairman of the Federal Reserve Board, Japan’s Nikkei newspaper said on Friday. Obama to Nominate Summers as Fed Chief – Japan’s Nikkei |

 · Growth forecast cut as Bank warns of no-deal risks. The Bank of England has downgraded UK growth for this year and next and warned that.

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The newspaper, quoting unnamed sources, said in its original Japanese version. White House spokeswoman said Obama had not made his decision about the Fed job. Debate in Washington has focused on.

Was it Larry Summers’ history. And that is someone from an Obama-friendly camp. So what spooked him? Not only does the above quote show progressives – tied to Obama – disliked Summers as a.

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