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BI: The White House Search For Bernanke Replacement Is On, and Larry Summers May Be The Favorite

BI: The White House Search For Bernanke Replacement Is On, and Larry Summers May Be The Favorite

MATTHEW BOESLER | JUL. 12, 2013 | 8:03 AM

REUTERS/Jason Alden/POOL
Former U.S. Treasury Secretary Lawrence H. "Larry" Summers speaks during a financial and economic event at the London School of Economics (LSE) in London March 25, 2013.

Federal Reserve Chairman Ben Bernanke's term expires in January.
This morning, Bloomberg reports that the White House is said to have begun the search process for a replacement.

Fed Vice Chairman Janet Yellen is one of the frontrunners.

Read more: http://www.businessinsider.com/white-house-fed-search-and-la...