Lawrence "Larry" Summers has pulled his name from consideration for Fed chair. Larry Summers, who many considered to be the likely successor to Ben Bernanke as the next chairman of the Federal Reserve Bank, has pulled his name from consideration for the post. In a letter to President Obama Sunday, Summers wrote, "I have reluctantly concluded that any possible confirmation process for ...
Lawrence "Larry" Summers has pulled his name from consideration for Fed chair. Larry Summers, who many considered to be the likely successor to Ben Bernanke as the next chairman of the Federal Reserve Bank, has pulled his name from consideration for the post. In a letter to President Obama Sunday, Summers wrote, "I have reluctantly concluded that any possible confirmation process for ...