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Obama May Consider Summers as Bernanke Successor
Posted By admin On November 22, 2008 @ 4:03 am In U.S. News | Comments Disabled
Saturday, Nov 22, 2008
U.S. President-elect Barack Obama may consider Lawrence Summers as a successor to Federal Reserve Chairman Ben Bernanke, whose term expires in January 2010, a Democratic source told Reuters on Friday.
The New York Times reported that Summers, a former treasury secretary, is likely to be named as an economic adviser to Obama with the expectation that he will eventually be tapped for the Federal Reserve Board.
Citing two sources familiar with the Obama transition, the newspaper also said Summers could perhaps succeed Bernanke.
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URL to article: http://www.prisonplanet.com/obama-may-consider-summers-as-bernanke-successor.html
URLs in this post:
 Reuters: http://www.cnbc.com/id/27846482
 Obama defends Larry Summers against charges he is unfit to be Fed chairman: http://www.prisonplanet.com/obama-defends-larry-summers-against-charges-he-is-unfit-to-be-fed-chairman.html
 Obama Rejects ‘Car Czar’; Geithner, Summers Head Team: http://www.prisonplanet.com/obama-rejects-%e2%80%98car-czar%e2%80%99-geithner-summers-head-team.html
 Congressional Oversight Panel Versus Summers, Bernanke and Geithner: http://www.prisonplanet.com/congressional-oversight-panel-versus-summers-bernanke-and-geithner.html
 The Geithner-Summers-Bernanke Plan to Prop Up Asset Prices Has Failed: http://www.prisonplanet.com/the-geithner-summers-bernanke-plan-to-prop-up-asset-prices-has-failed.html
 BERNANKE: You Can’t Fire Me — I’m Going To Quit In 2014: http://www.prisonplanet.com/bernanke-you-cant-fire-me-%e2%80%94-im-going-to-quit-in-2014.html
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