Topic: Lawrence Summers
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 ...
Free Exchange sends us to itself last September (Son of stimulus): The program may be most beneficial if it includes new measures for food stamps, unemployment insurance and other policies aimed at supporting low-income families, said Summers. He also argued in favor ...
2 Obama administration officials can't guarantee middle-class Americans won't see tax hikePresident 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 ...
WASHINGTON (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 ...
Larry Summers gave a big speech at the IIE this morning, and his prepared remarks - all 3,412 words of them - are now up on the IIE website, maybe because the NEC's web presence is barebones in the extreme. There's a ...
Let me try to hazard an answer to that. Start with the guiding assumption, as stated by Larry Summers when the stimulus bill was going through Congress, that the risks of spending too much paled in comparison with the risks of spending ...
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 ...
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 ...
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 House economic adviser Lawrence Summers gave a broad ...
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 House economic adviser Lawrence Summers gave a broad ...