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

2018 Women of Influence: Beckie Santos KEYWORDS 2018 Women of influence beckie santos international document services Women of Influence. As new product development manager at IDS, Beckie santos oversees ids’ npd teams while also.

Obama to nominate Summers as Fed chief – Nikkei. Asked about the story, a White House spokeswoman said Obama had not made his decision about the Fed job. Debate in Washington has focused on whether Obama will pick Summers or Fed Vice Chair Janet Yellen to succeed Ben Bernanke, whose term as head of the U.S. central bank expires in January. The appointment must be approved by the Senate.

Lawrence Henry Summers (born November 30, 1954) is an American economist, former Vice President of Development Economics and Chief Economist of the World Bank (1991-93), senior U.S. Treasury Department official throughout President Clinton’s administration (ultimately Treasury Secretary, 1999-2001), and former director of the National Economic Council for President Obama (2009-2010).

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(Newser) – President Obama named current Treasury adviser Gene Sperling as his next top economic aide today, taking over for Larry Summers as director of the National Economic Council, the AP reports.

Robert Bernard Reich (/ r a /; born June 24, 1946) is an American economist, professor, author, and political commentator.He served in the administrations of Presidents Gerald Ford, Jimmy Carter, and Bill Clinton.He was Secretary of Labor from 1993 to 1997. He was a member of President Barack Obama’s economic transition advisory board.

Larry Summers haswithdrawn his name from consideration as Fed chairman. That’s good news as far as it goes, though I doubt the president is going to pick Janet Yellen — there are too many signs suggesting that he won’t. But I’ll get to that later. First, I just want to respond to this quote from Brad DeLong in The Wall Street Journal.

JPMorgan raises home price forecast, sees long road to recovery Steven Cohen’s Point72 Asset Management discloses passive stake in Nationstar Steven A. Cohen (born June 11, 1956) is an American investor, hedge fund manager, and philanthropist.He is the founder of Point72 Asset Management and S.A.C. Capital Advisors both based in Stamford, Connecticut. As of April 2019 he has an estimated net worth of US$12.8 billion.Kass: On the Road to Recovery – TheStreet – While I fully recognize that the road back to economic growth and. a possible recovery can be forecast with better clarity and higher probabilities.. Kass and/or his funds were long JPMorgan.

First, some claim that there has been a trade war on slow burn for decades and that the U.S. is finally starting to fight back. Obama fired the first shot with a tariff on rolled steel in 2014ref 41 to garner union support while, according to Roach (personal communication), it merely shifted business to.

Who Does Larry Summers Work For?  · Unfortunately for Larry Summers, Ben Bernanke, and their friends at the BIS, they have not yet figured out how to print physical gold, silver, and other essential commodities, and the world is reaching the point where it might simply start ignoring the New York based markets with respect to essential commodities such as basic materials, oil.