The choice of the next Fed chairman will have a big impact on the U.S. and world economies. But President Obama appears tempted to pick a safe retread like former Treasury Secretary Larry Summers though some progressives hope his choice…
Tag: Ben Bernanke
Obama’s Challenge at Treasury
With Treasury Secretary Timothy Geithner planning to step down, President Obama is faced with an important appointment. Much of Official Washington wants a “deficit hawk,” but Obama and the country would be better served by someone who cares more about…