Browsing the "Federal Reserve" Tag

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Another progressive win – Bankster Larry Summers won’t run the Fed

By Meteor Blades Back on May 26, Edward Luce at the Financial Times offered the first inkling in the media that President Barack Obama would likely choose Larry Summers as chairperson of the Federal Reserve. He acknowledged that Summers had potential deficits, including a deep-seated abrasiveness. But, wrote Luce, “charm is overrated”: Worries about Mr Summers’ Senate hearings […]

September 16th