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Obama Defends Summers To Congressional Democrats, Says He’s Not Close To Fed Chair Decision

Wednesday, July 31, 2013 - 8:16 PM
President Obama clashed with some congressional Democrats Wednesday over the possibility that former treasury secretary Lawrence Summers might be named to succeed Ben Bernanke as Federal Reserve chairman.

In a tense exchange with Rep. Ed Perlmutter (D-Colo.) during a closed-door meeting with House Democrats, Obama defended Summers' role in helping to restore the U.S. economy and “expressed frustration” with a growing negative campaign against him, according to one lawmaker who was present.

Obama defends Summers after economist faces opposition from his own party - The Washington Post
ShorebreakShorebreak2,674 posts since
Apr 6, 2010
Rep Points: 14,511
1. Wednesday, July 31, 2013 - 9:01 PM
Neither, or any, of the choices for Fed. Reserve Chair-Person would save this economy, as we can all witness six months after the selection.
51hh51hh1,476 posts since
Jan 16, 2010
Rep Points: 6,427