Obama seen naming new economic adviser in January: official

2010-12-26T07:00:18Z

WASHINGTON (Reuters) - President Barack Obama likely will announce a replacement for key economic adviser Lawrence Summers by mid-January, White House spokesman Reuters) - The White House is narrowing its list of possible replacements for outgoing economic adviser Larry Summers to Yale University President

Summers: Tax cut plan will add consumer purchasing

2010-12-13T11:00:16Z

Summers: Tax cut plan will help increase consumer demand, help economy

President Barack Obama's top economic adviser says targeted tax cuts, more exports and greater spending will help reverse a lack of consumer demand that threatens to constrain the economy "now and for the next several years."

Lawrence Summers, i...

Inside the Oval Office With Obama, Summers and Geithner

2010-10-09T07:43:19Z

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Larry Summers To Leave White House, Reports

2010-11-02T12:27:23Z

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White House: Picking new econ adviser not imminent

2010-09-22T15:31:35Z

White House says no quick decision expected on a replacement for departing economic adviser

The White House says that naming a successor to President Barack Obama's top economic adviser, Lawrence Summers, is not imminent.

Summers latest member of Obama economic team to quit

2010-09-22T15:15:29Z

The shakeup of President Barack Obama's economic team continued as Lawrence Summers announced he would leave at the end of the year to return to teaching at Harvard University.

Summers, seen as one of the main architects of Obama's economic policy, announced ...

Picking new econ adviser not imminent

2010-09-23T07:30:07Z

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Factbox: Potential candidates to replace Summers

2010-09-21T20:45:11Z

WASHINGTON Sept 21 (Reuters) - White House economic adviser Larry Summers is stepping down from his job at the end of the year to return to his position as a professor at Harvard University

Top economic adviser to leave White House

2010-09-21T17:22:22Z

Obama's top economic adviser, Lawrence Summers, to leave the White House at end of year

President Barack Obama's top economic adviser, Lawrence Summers, plans to leave the White House at the end of the year, a move that comes as the administration struggles to show an anxi...

Top Obama economic aide Lawrence Summers to leave

2010-09-21T17:21:40Z

A top economic advisor to President Barack Obama, Lawrence Summers, is to leave the administration at the end of the year, officials said Tuesday, in the third such departure in three months.

The announcement by Summers follows close on the heels of the resignations of Christina Romer...

John Boehner says Obama economic team should resign

2010-08-24T05:30:17Z

WASHINGTON (Reuters) - House Republican leader John Boehner on Tuesday called for the resignation of President Barack Obama's economic team, including Treasury Secretary Timothy Ge...

Country Risk: The World According to Robert Rubin (Updated)

2010-11-02T12:06:42Z

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Magical Thinking at the G20 Is Destined to Fail

2010-11-02T12:06:26Z

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Summers Clams Up

2010-11-02T12:05:58Z

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Inside the Obama Economic Team

2010-11-02T12:05:40Z

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Obama administration urges caution on deficit cuts

2010-06-22T17:45:15Z

US: Governments should not jeopardize global recovery with overly rapid deficit reduction

President Barack Obama's top economic advisers are urging America's major economic allies not to sacrifice economic growth to efforts to trim budget deficits.

Treasury Secretary Timothy Geithner...

Special Report: In the White House, economics is a contact sport

2010-06-22T10:30:20Z

WASHINGTON (Reuters) - Blunt, brash, brainy and occasionally self-mocking. Larry Summers, the White House economic adviser, is all of these things. In a career spanning academia, government and finance, he has rubbed some people the wrong way and infuriated others.

So when Emerging Democratic voices: Bill to rein in banks is not tough enough

Liberal Senate Democrats who until now were on the sidelines are complaining that a pending financial overhaul bill backed by President Barack Obama does not go far enough to rein in Wall Street's giants.

Some want the legislation changed to break up the nation's six biggest banks....

Obama adviser: New rules would have avoided crisis

2010-04-25T08:15:29Z

Obama's economic adviser says new financial overhaul bill would have prevented 2008 meltdown

President Barack Obama's chief economic adviser says he thinks that the financial overhaul bill that senators are considering would have prevented the meltdown that began in 2008.

Lawrence Summers says that if the rules sought by the bill had been i...

Small Business Optimism 'Very Low and Headed in the Wrong Direction'

2010-10-25T14:26:06Z

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Summers urges business to back financial reform

2010-06-26T01:09:17Z

NEW YORK (Reuters) - Top White House economic adviser Lawrence Summers on Tuesday urged businesses to embrace financial regulatory reform to prevent another severe economic crisis and ensure long-term health of their companies.

Summers, director of the

Obama's Token Help for the Unemployed

2010-10-22T13:16:49Z

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U.S. Banks to Face New Trading Restrictions

2010-10-22T13:12:09Z

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U.S. Banks to Face New Trading Retsrictions

2010-10-22T13:11:52Z

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Obama to Blame for Democrats' Meltdown of 2010

2010-10-22T13:08:03Z

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Obama Economic Team: Exceeding Expectations

2010-10-22T13:06:14Z

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Team Obama's Crisis Solutions - What Happened to Change We Can Believe In?

2010-10-22T13:04:58Z

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Happy 10th Birthday, Financial Modernization Bill!

2010-10-22T12:52:53Z

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Treasury’s Handling of the Crisis: Did It Accomplish Its Goals?

2010-10-22T12:49:27Z

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Valuation 101: How Buffett Does It; How Brooksley Born Wanted It Done

2010-10-22T07:31:30Z

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Summers: banks must accept gov't regulation

2010-10-13T13:44:26Z

White House adviser Summers says banks must accept new rules, help reform system

A top White House official called on financial institutions to accept new rules in order to help the economic system avoid future "devastating consequences for workers, consumers and taxpayers."

"Financial institutions that have benefited from government support can, should, and must use this moment to think about wha...

Obama policies averted economic "abyss": Summers

2010-04-16T09:52:56Z

WASHINGTON (Reuters) - The Obama administration has helped pull the U.S. economy back from the "abyss" with aggressive efforts to spur growth and stabilize financial markets, a top White House adviser said on Monday.

Defending policies that Rep...

Summers: Obama policies averted economic "abyss"

2010-04-16T09:52:37Z

Defending policies that Rep...

Analyzing Larry Summers

2010-10-22T07:28:45Z

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The Good Things About Larry Summers

2010-10-22T07:28:24Z

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White House will not prematurely remove support

2010-04-16T10:14:47Z

WASHINGTON (Reuters) - President Barack Obama's top economic adviser said on Friday the administration will not make the mistake of prematurely withdrawing all the economic stimulus despite signs of growth returning.

"Despite indications of economic growth returning, we must remain vigilant. Concerns remain in many sectors, such as commercial real estate,"

Summers says ending government backstop is 'paramount'

2010-04-16T10:14:48Z

White House economic aide Larry Summers said Friday a new financial regulatory system must have a "paramount objective" of ending a perception that big firms will be bailed out by the government.

In comments to a Washington forum, the top economic adviser to 2 Obama administration officials can't guarantee middle-class Americans won't see tax hike

President Barack Obama's treasury secretary said Sunday he cannot rule out higher taxes to help tame an exploding budget deficit, and his chief economic adviser would not dismiss raising them on middle-class Americans as part of a health care overhaul.

As the Reuters) - Top U.S. officials said on Sunday it may be necessary to extend jobless benefits to firm up an economic recovery unlikely to create jobs until next year and declined to rule out future tax increases to tame massive budget deficits.

Although output in the U.S. economy will begin to turn positive in the second half of this year, job growth will take longer, U.S. President Barack Obama's top econo...

Summers Speaks

2010-10-22T07:18:11Z

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Effects of the Stimulus Package: Felix Salmon Is Uncharacteristically Wrong

2010-10-22T07:17:35Z

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Obama reform plans target banks, securitization

2010-06-25T21:53:43Z

WASHINGTON (Reuters) - The Obama administration will target critical weaknesses in the troubled U.S. financial system, such as thin bank capital cushions and eroded lending standards, when it proposes an overhaul of financial regulation this week, two senior officials said on Monday.

In the fullest summary to date of the administration's reform plan, Reuters) - The Obama administration will target critical weaknesses in the troubled U.S. financial system, such as thin bank capital cushions and eroded lending standards, when it proposes an overhaul of financial regulation this week, two senior officials said on Monday.

In the fullest summary to date of the administration's reform proposal,

Washington to bolster financial regulatory system

2010-04-16T11:48:56Z

Faced with continued market weakness, President Barack Obama's administration is to unveil a plan to bolster the US financial regulatory system, two top presidential economic aides said Monday.

Treasury Secretary Timothy Geithner and chief White Hous...

US financial regulatory system to be bolstered

2010-04-16T11:48:58Z

Faced with continued market weakness, President Barack Obama's administration is to unveil a plan to bolster the US financial regulatory system, two top presidential economic aides said Monday.

Treasury Secretary Timothy Geithner and chief White Hous...

US financial regulatory system 'to be bolstered'

2010-04-16T11:48:58Z

Faced with continued market weakness, President Barack Obama's administration is to unveil a plan to bolster the US financial regulatory system, two top presidential economic aides said.

Treasury Secretary Timothy Geithner and chief White House e...

Summers Assures: We’re Not All Socialists Now

2010-10-24T09:56:43Z

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Summers Affirms Administration Commitment to Free Markets

2010-10-24T09:56:43Z

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Girls Worse at Math? No Way, New Analysis Shows

2010-11-03T09:03:11Z

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Obama administration's task force

2010-10-22T10:45:54Z

Task force appointed by President Obama to oversee restructuring of auto companies

President Barack Obama's auto task force was appointed three months ago to coordinate the government's restructuring efforts of General Motors and Chrysler LLC. That included lengthy negoti...

Let The Public Buy Toxic Assets

2010-10-21T09:57:46Z

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LARRY SUMMERS ON WHETHER THOSE RAYS OF ECONOMIC DAYLIGHT ARE REAL

2010-04-16T13:44:28Z

LARRY SUMMERS ON WHETHER THOSE RAYS OF ECONOMIC DAYLIGHT ARE REAL

No one in Washington is saying flat-out that the economy has turned a corner, but the Obama Administration is busily making the case that encouraging signs are starting to pop up. On Apr. 9, Larry Summers, director of the

REFILE-UPDATE 2-US economic recovery a 'long road'-Obama aide

2010-10-21T09:57:21Z

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Geithner weathers financial storm, long hours

2010-04-16T16:03:19Z

Unflappable treasury chief isn't letting the financial crisis, criticism get him down

In any other year, Timothy Geithner already would have spent a week at tennis camp in Florida, sharpening his skills and kicking back with a group of friends that includes the mentor who helped put him on the fast track to the top of the Treasury Department.

Instead...

Reactions to AIG Bonuses: ‘Outrageous,’ ‘Angry’

2010-10-23T21:44:43Z

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G20 ministers deny rift over fighting credit crunch

2010-04-16T16:04:32Z

The British and French finance ministers denied Friday there was a transatlantic rift over how to tackle the world economic crisis, as they and their colleagues gathered to prepare for a crunch summit next month.

Ministers from the Group of 20 industrialised and emerging market countries are to hold talks Saturday to set the stage for a summit of G20 leaders including new US President Barack Obama on April 2.

"I don't ac...

G20 ministers deny rift over credit crunch

2010-04-16T16:04:37Z

Ministers from the Group of 20 industrialised and emerging market countries are to hold talks Saturday to set the stage for a summit of G20 leaders including new US President Barack Obama on April 2.

"I don't ac...

UPDATE 1-US urges more fiscal stimulus, Europe happy as is

2010-10-21T09:53:48Z

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PRESS DIGEST - Vietnam newspapers - Feb 27

2010-10-21T09:52:45Z

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Obama to set up auto task force instead of 'czar'

2010-10-22T11:18:28Z

The administration of US President Barack Obama will create an inter-agency task force on restructuring the troubled auto industry instead of naming a "car czar" as was planned by the Bush administration, The Wall Street Journal reported late Sunday.

Citing unnamed senior administration officials, the newspaper said President Barack Obama's administration warned Sunday of a fight with Congress to reinstate billions in aid to states as frenzied debate over a mammoth economic stimulus bill neared a climax.

Obama himself was set to return to barnstorming campaign mode Monday in a bid to rally Americans behind the stimulus package, before his team rolls out a revamped bank bailout Tuesday to attack the roots of the financial crisis.

US Treasury to prop up housing under revamped bank bailout

2010-06-16T11:03:41Z

President Barack Obama's administration will Tuesday unveil a new plan for the frozen banking sector including at least 50 billion dollars to shore up the housing market, a top aide said Sunday.

National Economic Council director Larry Summers said the plan to be announced by

UPDATE 4-U.S. Treasury delays bank bailout announcement

2010-10-21T09:51:03Z

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UPDATE 3-US Treasury delays bank bailout announcement

2010-10-21T09:51:03Z

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Stimulus action called critical

2010-04-16T17:14:53Z

Obama adviser says Senate must act boldly, immediately

WASHINGTON As the country grows skeptical of the massive economic recovery package being pushed quickly through Congress, the White Houses chief economic adviser stepped forward Tuesday to make the case for acting boldly and acting now.

The Senate is working late nights this week on a $900 billion recovery package.

Summers vs. Volcker

2010-10-21T09:20:00Z

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Obama Taps Rubin Economic Failure Team

2010-04-16T15:08:26Z

Where's the "Change we can believe in"?

On both Wall Street and in Congress, the same old crooks and party hacks who succeeded in producing the greatest economic crisis since the Great Depression have now ended up with even more power and more control than they had before the election.

It's not unlike what happened after the collapse of the Democrats warn that economy will continue to slide, even with big infusion of government aid

The White House warned Sunday that the country could face a long and painful financial recovery, even with major government intervention to stimulate the economy and save financial institutions.

"We're off and running, but it's going to get worse before it gets better," said CENTER OF THE DEBATE OVER BUSINESS TAXES

THE INSIDE PLAYERS

Taxes may be one of the few certainties in life, but here's another: Washington will spend much of President Barack Obama's first term in a fight over whose taxes to cut, whose to raise, and whose to leave alone. Alr...

Obama Economist

2010-12-28T04:31:15Z

FILE - In this Oct, 1, 2010 file photo-outgoing National Economic Council Director Lawrence Summers is seen in the East Room of the White House in Washington. Among the first announcements President Barack Obama will make upon returning from his Hawaiian v...

Obama Economic Adviser

2010-09-21T15:33:04Z

FILE - In this Oct. 16, 2009, file photo, Lawrence Summers, White House chief economic adviser, speaks at the Buttonwood Gathering in New York. Summers, plans to leave the White House at the end of the year, a move that comes as the administration struggles to show an anxious public it's making progress on the economy.(AP Ph...

China US

2010-09-07T02:00:16Z

U.S. National Economic Council Director Larry Summers, center, is greeted by Chinese State Councilor Dai Bingguo as U.S. Deputy National Security Adviser Tom Donilon, left, looks on prior to a meeting at the President Barack Obama, center, delivers a statement on monthly jobs number, Friday, Sept. 3, 2010, in Rose Garden of the White House in Washington. From left are, outgoing Council of Economic Advisers Chair Christina Romer, National Economic Council Director Larry Summers, left, talks with Assistant to the President for Legislative Affairs Phil Schiliro, right, after President Barack Obama made a statement on financial reform and Wall Street in the Rose Garden of the

News on Lawrence Summers

Summers urges aggressive euro zone crisis response

Summers calls for new boost to economy

Former White House economic chief Summers returning to Harvard

Obama seen naming new economic adviser in January: official

Summers: Tax cut plan will add consumer purchasing

Inside the Oval Office With Obama, Summers and Geithner

Larry Summers To Leave White House, Reports

White House: Picking new econ adviser not imminent

Summers latest member of Obama economic team to quit

Picking new econ adviser not imminent

Factbox: Potential candidates to replace Summers

Top economic adviser to leave White House

Top Obama economic aide Lawrence Summers to leave

John Boehner says Obama economic team should resign

Country Risk: The World According to Robert Rubin (Updated)

Magical Thinking at the G20 Is Destined to Fail

Summers Clams Up

Inside the Obama Economic Team

Obama administration urges caution on deficit cuts

Special Report: In the White House, economics is a contact sport

Obama adviser: New rules would have avoided crisis

Small Business Optimism 'Very Low and Headed in the Wrong Direction'

Summers urges business to back financial reform

Obama's Token Help for the Unemployed

U.S. Banks to Face New Trading Restrictions

U.S. Banks to Face New Trading Retsrictions

Obama to Blame for Democrats' Meltdown of 2010

Obama Economic Team: Exceeding Expectations

Team Obama's Crisis Solutions - What Happened to Change We Can Believe In?

Happy 10th Birthday, Financial Modernization Bill!

Treasury’s Handling of the Crisis: Did It Accomplish Its Goals?

Valuation 101: How Buffett Does It; How Brooksley Born Wanted It Done

Summers: banks must accept gov't regulation

Obama policies averted economic "abyss": Summers

Summers: Obama policies averted economic "abyss"

Analyzing Larry Summers

The Good Things About Larry Summers

White House will not prematurely remove support

Summers says ending government backstop is 'paramount'

Summers Speaks

Effects of the Stimulus Package: Felix Salmon Is Uncharacteristically Wrong

Obama reform plans target banks, securitization

Washington to bolster financial regulatory system

US financial regulatory system to be bolstered

US financial regulatory system 'to be bolstered'

Summers Assures: We’re Not All Socialists Now

Summers Affirms Administration Commitment to Free Markets

Girls Worse at Math? No Way, New Analysis Shows

Obama administration's task force

Let The Public Buy Toxic Assets

LARRY SUMMERS ON WHETHER THOSE RAYS OF ECONOMIC DAYLIGHT ARE REAL

LARRY SUMMERS ON WHETHER THOSE RAYS OF ECONOMIC DAYLIGHT ARE REAL

REFILE-UPDATE 2-US economic recovery a 'long road'-Obama aide

Geithner weathers financial storm, long hours

Reactions to AIG Bonuses: ‘Outrageous,’ ‘Angry’

G20 ministers deny rift over fighting credit crunch

G20 ministers deny rift over credit crunch

UPDATE 1-US urges more fiscal stimulus, Europe happy as is

PRESS DIGEST - Vietnam newspapers - Feb 27

Obama to set up auto task force instead of 'czar'

US Treasury to prop up housing under revamped bank bailout

UPDATE 4-U.S. Treasury delays bank bailout announcement

UPDATE 3-US Treasury delays bank bailout announcement

Stimulus action called critical

Summers vs. Volcker

Obama Taps Rubin Economic Failure Team

Obama Economist

Obama Economic Adviser

China US