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Market Primer: Monday, September 16: Summers Withdraws From Race For Fed Chairmanship
Monday, September 16, 2013 - 6:49am | 944Read More...President Obama’s top choice to replace the current Federal Reserve Chairman Ben Bernanke has dropped out of the race. Lawrence Summers withdrew on Sunday after weeks of criticism for being too close to Wall Street and a reputation for being abrasive. The news put Fed Vice Chairman Janet...
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Lawrence Summers Expects Unemployment To Remain A Lasting Problem
Friday, April 30, 2010 - 5:03pm | 124Read More...Lawrence Summers, the director of the White House National Economic Council, said today that unemployment will remain a lasting problem in the U.S. even as job growth will increase faster-than-expectation as the U.S economy recovers from the worst economic downturn since The Great Depression....
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Greenspan And Summers Optimistic About U.S. Economy
Monday, April 5, 2010 - 10:09am | 425Read More...Bloomberg reports that Lawrence Summers, the White House economic adviser, believes that the U.S. economy has started to gain momentum and companies will start hiring at top pace in the coming months as the economy continues to show signs of recovery after the worst recession since 1930. In an...
