[lbo-talk] Larry Summers throws in the towel

Carl G. Estabrook galliher at illinois.edu
Sun Sep 15 16:28:20 PDT 2013


This may make even more difference than getting Chuck Hagel in as Defense Secretary...

On Sep 15, 2013, at 5:23 PM, Robert Naiman <naiman at justforeignpolicy.org> wrote:


> The world is definitely improving. I get to claim victory on a MoveOn
> petition three weeks in a row.
>
> ---------- Forwarded message ----------
> From: POLITICO Breaking News <breakingnews at politico.com>
> Date: Sun, Sep 15, 2013 at 3:55 PM
> Subject: POLITICO Breaking News
> To: naiman at justforeignpolicy.org
>
>
> President Barack Obama announced that Lawrence Summers has withdrawn his
> name from consideration as the next chairman of Federal Reserve.
>
> Here is the full statement: "Earlier today, I spoke with Larry Summers and
> accepted his decision to withdraw his name from consideration for Chairman
> of the Federal Reserve. Larry was a critical member of my team as we faced
> down the worst economic crisis since the Great Depression, and it was in no
> small part because of his expertise, wisdom, and leadership that we
> wrestled the economy back to growth and made the kind of progress we are
> seeing today. I will always be grateful to Larry for his tireless work and
> service on behalf of his country, and I look forward to continuing to seek
> his guidance and counsel in the future."
>
> For more information... http://www.politico.com
>
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> Robert Naiman
> Policy Director
> Just Foreign Policy
> www.justforeignpolicy.org
> naiman at justforeignpolicy.org
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