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The Next Fed


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 Big Mike 
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Larry Summers vs Janet Yellen

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 Big Mike 
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Feminists angry at Obama's rumored pick of Larry Summers to lead the FED ? RT USA

For Pity's Sake, Let's Not Nominate Larry Summers to Run the Fed | Mother Jones

REPORT: Larry Summers Is The Frontrunner - Business Insider

Larry Summers Fed Nomination Would Bypass 'Steady' And 'Right' Janet Yellen

Mike




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 Big Mike 
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Who Will Be The Next Bernanke? - Poll | Zero Hedge

Mike




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 Big Mike 
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https://www.nytimes.com/2013/07/28/us/politics/obama-says-income-gap-is-fraying-us-social-fabric.html?_r=0

Mike




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Summers withdraws his name for Fed chair


Quoting 
Former U.S. Treasury Secretary Larry Summers has withdrawn his name for consideration to succeed Ben Bernanke as Federal Reserve chairman, according to a senior administration official.

Summers called President Obama on Sunday to notify him, according to Dow Jones Newswires, which first reported the news.

"I have reluctantly concluded that any possible confirmation process for me would be acrimonious and would not serve the interest of the Federal Reserve, the administration or, ultimately, the interests of the nation's ongoing economic recovery," Mr. Summers is quoted as saying in a letter to the president following the call.

President Obama said he had spoken with Summers earlier Sunday and accepted his resignation.

Mike




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Obama nominates Janet Yellen as the next Fed chair.

Mike




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  #8 (permalink)
 HedgeFundAleksan 
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Big Mike View Post
Obama nominates Janet Yellen as the next Fed chair.

Mike

Message on that Obama made Dzhannet Yellen a head of Fed is supporting for the markets. Besides the factor of uncertainty is removed, Yellen is known for commitment to stimulating policy and supports increase in expenses of the budget.


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Last Updated on October 9, 2013


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