- Prison Planet.com - http://www.prisonplanet.com -
Obama defends Larry Summers against charges he is unfit to be Fed chairman
Posted By admin On August 1, 2013 @ 1:43 am In Money Watch | Comments Disabled
Mike Lillis and Peter Schroeder
The Hill 
August 1, 2013
President Obama on Wednesday defended Larry Summers from liberal charges that the former Treasury secretary is unfit to head the Federal Reserve.
Addressing House Democrats in the Capitol, Obama emphasized that he has not yet chosen a replacement for Fed Chairman Ben Bernanke, who is expected to step down at the end of the year.
Summers and Janet Yellen, the current vice chairwoman at the Fed, are widely considered to be the leading candidates for the top job at the central bank.
But the president argued that Summers, who headed Obama’s economic team in 2009 and 2010, has been wrongly attacked by some liberals and media outlets.
Article printed from Prison Planet.com: http://www.prisonplanet.com
URL to article: http://www.prisonplanet.com/obama-defends-larry-summers-against-charges-he-is-unfit-to-be-fed-chairman.html
URLs in this post:
 The Hill: http://thehill.com/blogs/on-the-money/banking-financial-institutions/314693-obama-defends-summers-record-amid-liberal-criticism
 Larry Summers: Fox Guarding The Henhouse: http://www.prisonplanet.com/larry-summers-fox-guarding-the-henhouse.html
 Larry Summers Pushes Public-Private Infrastructure Bank Scheme: http://www.prisonplanet.com/larry-summers-pushes-public-private-infrastructure-bank-scheme.html
 Larry Summers End Game for America: http://www.prisonplanet.com/larry-summers-end-game-for-america.html
 Obama May Consider Summers as Bernanke Successor: http://www.prisonplanet.com/obama-may-consider-summers-as-bernanke-successor.html
 Yellen overwhelming favorite to replace Bernanke at Fed: Reuters poll: http://www.prisonplanet.com/yellen-overwhelming-favorite-to-replace-bernanke-at-fed-reuters-poll.html
Copyright © 2013 PrisonPlanet.com. All rights reserved.