Posted inEconomic Security, Policy Topics, Public Service

Larry Summers’ nomination for Fed Chair isn’t official yet — but it’s already in trouble

If the Belt­way rumor mill is to be believed, Pres­i­dent Oba­ma is on the verge of nom­i­nat­ing his old pal Lar­ry Sum­mers to be the next chair of the Fed­er­al Reserve. Sum­mers, as most read­ers prob­a­bly know, is one of the coun­try’s most promi­nent neolib­er­al econ­o­mists and an admir­er of Mil­ton Fried­man and Alan Greenspan. […]