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Secretary of State Hillary Clinton, former Obama economic adviser Larry Summers and Geithner himself are widely discussed as possible replacements. All are exceptionally competent, and have far more relevant experience than the picks of some previous...
Within hours of Mr. Zoellick’s announcement on Wednesday that he would quit when his term ends in June, Treasury Secretary Timothy Geithner said the U.S. soon would nominate a successor. White House reporters, citing unnamed sources, circulated...
Former White House economic advisor Larry Summers (R) poses for photos with a member of the audience after speaking at the Bretton Woods Committee International Council in Washington, September 23, 2011. View Photo »
If you go back to ’06, ’08, he started to say some really good things in the Financial Times. There was talk about a new Larry Summers
US Secretary of State Hillary Clinton and former White House economic adviser Lawrence Summers are two leading candidates to succeed World Bank President Robert Zoellick when he leaves in June, said two people familiar with Obama administration...
Geithner has been designated as an "adviser" in the process but there's no reason why he couldn't be chosen. In 2000, Gov. George W. Bush designated Dick Cheney to screen candidates for Vice President and didn't go very far. Clinton, 64, has no...
The US promised a candidate "in the coming weeks" for the post that has always been held by one of its citizens, while officials from Brazil and Mexico vowed to make the selection process open to emerging markets. "It is very important that we continue...
Former White House economic advisor Larry Summers looks into the audience at the Bretton Woods Committee International Council in Washington, September 23, 2011. View Photo »
Mr. Zoellick said through June 30 he would stay 100 per cent focussed on being Bank President and would continue to drive policy and programmes at a heightened tempo. Soon after the announcement, the U.S. media reported that possible candidates include...
President Obama is considering former economic adviser Lawrence Summers and Secretary of State Hillary Clinton for the position after Zoellick’s term ends and that I think is a serious mistake cause none of these individuals is really equipped in...
Lawrence Henry "Larry" Summers (born November 30, 1954) is an American economist and the head of the White House's National Economic Council for President Barack Obama. Summers is the Charles W. Eliot University Professor at Harvard University's Kennedy School of Government. He is the 1993 recipient of the John Bates Clark Medal for his work in... Full Article
Former White House economic advisor Larry Summers (L) talks with former President of Mexico Ernesto Zedillo before speaking at the Bretton Woods Committee International Council in Washington, September 23, 2011.
View Photo »White House economic adviser Larry Summers speaks at the 2010 meeting of the Wall Street Journal CEO Council in Washington in this November 15, 2010 file photograph. One of Silicon Valley's most powerful venture-capital firms, Andreessen Horowitz, is adding former U.S. Treasury...
View Photo »SHANGHAI, CHINA - MAY 20: (L - R) Yuan Zhigang, dean of School of Economics of Fudan University, Li Lihui, vice chairman and president of Bank of China Ltd. , Lawrence Summers, former U.S. Treasury Secretary, Michael Smith, chief executive officer of the Australia and New Zealand...
View Photo »SHANGHAI, CHINA - MAY 20: Lawrence Summers, former U.S. Treasury Secretary, speaks during the 2011 Lujiazui Forum at Pudong Shangri-La Hotel on May 20, 2011 in Shanghai, China. The two-day forum opened on May 20 in Shanghai, with the title of 'The Financial System and Its...
View Photo »Former White House economic advisor Larry Summers looks into the audience at the Bretton Woods Committee International Council in Washington, September 23, 2011.
View Photo »Former White House economic advisor Larry Summers (L) talks with former President of Mexico Ernesto Zedillo before speaking at the Bretton Woods Committee International Council in Washington, September 23, 2011.
View Photo »