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Fears Rise That Larry Summers Is Likely To Be Named Fed Chairman

WASHINGTON -- President Barack Obama is leaning towards former White House Economic Adviser Larry Summers as his choice to replace Ben Bernanke as chairman of the Federal Reserve, according to people who have been briefed on the administration's thinking. Liberal critics of Summers' economic record, along with those who continue to question his ability to work with women, are waging a last-minute campaign to persuade the president to change his mind and instead choose the other frontrunner for the job, Fed Vice Chair Janet Yellen.

Chatter increased Tuesday among Summers' opponents when Fed Governor Sarah Bloom Raskin's name was floated as a possible deputy to Treasury Secretary Jack Lew. Raskin, who has been harshly critical of the Fed, is broadly popular with progressives. Liberal Fed watchers suspected the move was aimed at people pressing Obama to name a woman to the Fed, and they worried selecting Raskin for Treasury would give the president cover to name Summers Fed chairman.

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http://www.huffingtonpost.com/2013/07/23/larry-summers-fed-c...

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I doubt the Winklevoss twins

I doubt the Winklevoss twins agree with the selection.

“Let it not be said that no one cared, that no one objected once it’s realized that our liberties and wealth are in jeopardy.”
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