FILE - In this June 17, 2009 file photo, Federal Reserve Chairman Ben Bernanke, right, holds a copy of the outlined reforms as he sits next to Director of National Economic Council, Lawrence Summers, right, as they wait for President Barack Obama to deliver remarks on the new comprehensive regulatory reform plan in the East Room of the White House in Washington. AP Photo logo AP Photo 4 months ago

FILE - In this June 17, 2009 file photo, Federal Reserve Chairman Ben Bernanke, right, holds a copy of the outlined reforms as he sits next to Director of National Economic Council, Lawrence Summers, right, as they wait for President Barack Obama to deliver remarks on the new comprehensive regulatory reform plan in the East Room of the White House in Washington.

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  1. Lawrence Summers (R), director of the White House's National Economic Council, answers a question during an interview with Maria Bartiromo (L) of CNBC at the Newseum in Washington October 2, 2009. The interview was part of the First Draft of History event, held by the Atlantic Magazine and the Aspen Institute to bring together newsmakers, historians and journalists.
  2. Maria Bartiromo (L) of CNBC interviews Lawrence Summers (R), director of the White House's National Economic Council, at the Newseum in Washington, October 2, 2009. The interview was part of the First Draft of History event, held by the Atlantic Magazine and the Aspen Institute to bring together newsmakers, historians and journalists.
  3. Ernersto Zedillio (L), former President of Mexico, Christina Fernandez de Kirchner (2nd from L), President of Argentina, Jan Peter Baikenede (C), Prime Minister of the Netherlands, Dominique Strauss-Kahn (2nd from R), Managing Director of the International Monetary Fund and Lawrence Summers (R), Director of the U.S. National Economic Council, participate in a panel discussion at the Clinton Global Initiative in New York, September 22, 2009. About 1,200 participants including heads of state, business leaders, humanitarians and celebrities are attending the fifth annual Clinton Global Initiative (CGI) which started on Tuesday.
  4. Lawrence Summers, White House chief economic adviser, speaks at the Buttonwood Gathering, Friday, Oct. 16, 2009 in New York. "A return to the status quo is unacceptable," Summers said. Banks must increase capital cushions and accept regulation and not be able to choose their own regulator, "playing one against the other," he added.
  5. Lawrence Summers, White House chief economic adviser, speaks at the Buttonwood Gathering, Friday, Oct. 16, 2009 in New York. "A return to the status quo is unacceptable," Summers said. Banks must increase capital cushions and accept regulation and not be able to choose their own regulator, "playing one against the other," he added.
  6. Lawrence Summers, director of the White House's National Economic Council, departs after an interview at the Newseum in Washington, October 2, 2009. The interview was part of the First Draft of History event, held by the Atlantic Magazine and the Aspen Institute to bring together newsmakers, historians and journalists.
  7. WASHINGTON - OCTOBER 01: Barney Frank (D-MA) questions Federal Reserve Board Chairman Ben Bernanke during a House Financial Services Committee hearing on Capitol Hill on October 1, 2009 in Washington, DC. The committee is hearing testimony on the Federal Reserves financial regulatory reform proposals.
  8. WASHINGTON - OCTOBER 01: Federal Reserve Board Chairman Ben Bernanke testifies during a House Financial Services Committee hearing on Capitol Hill on October 1, 2009 in Washington, DC. The committee is hearing testimony on the Federal Reserves financial regulatory reform proposals.
  9. WASHINGTON - OCTOBER 01: Federal Reserve Board Chairman Ben Bernanke testifies during a House Financial Services Committee hearing on Capitol Hill on October 1, 2009 in Washington, DC. The committee is hearing testimony on the Federal Reserves financial regulatory reform proposals.
  10. WASHINGTON - OCTOBER 01: Federal Reserve Board Chairman Ben Bernanke testifies during a House Financial Services Committee hearing on Capitol Hill on October 1, 2009 in Washington, DC. The committee is hearing testimony on the Federal Reserves financial regulatory reform proposals.
  11. WASHINGTON - OCTOBER 01: Federal Reserve Board Chairman Ben Bernanke testifies during a House Financial Services Committee hearing on Capitol Hill on October 1, 2009 in Washington, DC. The committee is hearing testimony on the Federal Reserves financial regulatory reform proposals.
  12. WASHINGTON - OCTOBER 01: Federal Reserve Board Chairman Ben Bernanke testifies during a House Financial Services Committee hearing on Capitol Hill on October 1, 2009 in Washington, DC. The committee is hearing testimony on the Federal Reserves financial regulatory reform proposals.
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