At this point, Larry Summers isn’t just the favorite for Federal
Reserve chairman. He’s the overwhelming favorite. Unless something truly
unexpected shows up in the vetting process (a paid toast at Bashar
al-Assad’s birthday party, for example) or the administration comes to
believe Senate Democrats will revolt against a Summers nomination, he’s
going to get the job.
That shouldn’t come as a shock. A close look at the rest of President Barack Obama’s economic appointments makes clear that the shock would be if he didn’t go with Summers.
http://www.bloomberg.com/news/2013-08-28/summers-pick-fits-obama-s-preference-for-beaten-path.html
That shouldn’t come as a shock. A close look at the rest of President Barack Obama’s economic appointments makes clear that the shock would be if he didn’t go with Summers.
http://www.bloomberg.com/news/2013-08-28/summers-pick-fits-obama-s-preference-for-beaten-path.html
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