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Entries tagged federalreserve

September 19, 2013 7:19 AM Summers Battle Was Front in War Over Wall Street

Larry Summers’s campaign to replace Federal Reserve Chairman Ben Bernanke wasn’t doomed by any of the typical doubts about a potential Fed chief. Senate Democrats weren’t worried that Summers was too tolerant of inflation or insufficiently committed to quantitative easing....

By Ezra Klein

August 29, 2013 10:55 AM Summers Pick Fits Obama’s Preference for Beaten Path

At this point, Larry Summers isn’t just the favorite for Federal Reserve chairman. He’s the overwhelming favorite. Unless something truly unexpected shows up in the vetting process (a paid toast at Bashar al-Assad’s birthday party, for example) or the administration...

By Ezra Klein

August 08, 2013 11:32 AM What Larry Summers Doesn't Get About Climate Change

Lots of debate in Blogistan and elsewhere about President Obama’s apparent desire to appoint Larry Summers as Fed Chair. We know (or at least we think we know) that he is brilliant, but he has a strange tendency to get...

By Jonathan Zasloff

August 06, 2013 12:29 PM Beyond the Horse Race to Lead the Fed

Maybe I spend too much time in the Library of Congress Prints and Photographs Catalog.  But this is a nice one.  In an undated photograph taken before 1945, we get a good glimpse of the nation’s central bankers, presumably...

By Sarah Binder

August 01, 2013 12:46 PM Six of Janet Yellen or Half-Dozen of Larry Summers?

The strangest part of the increasingly bitter shadow campaign for chairman of the Federal Reserve is that the contest is not really about monetary policy. It’s about financial regulation. The two leading candidates for the job are Janet Yellen, the...

By Ezra Klein