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The Fall of Summers
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This WSJ editorial says the U.S. Federal Reserve needs a chairman who is politically independent, especially since the Fed has not been politically independent since 2008. It calls Ben Bernanke a political sidekick of Timothy Geithner at Treasury since 2008. A Summers Fed would have become too much influenced by the White House, which would not serve the country well, as new policies will be needed to wind down the loose monetary and fiscal policies, says the editorial.
Geithner and Summers contrasts in style as both contend for Treasury Secretary.
05/30/2008
Geithners is softspoken but has diverse set of experiences and broad background, and has a prepared format of good questions which he uses to good effect and listens to get informed. One is what should one think about this issue? What do smart people think?
Grouped Articles
New York Times 05/16/2010
Letters Show Little-Known Side of Summers
Wall Street Journal 09/13/2013
Wall Street Journal 09/15/2013
Charlie Rose Talks to Timothy Geithner
BusinessWeek 07/22/2010
Financial Industry Paid Millions to Obama Aide
New York Times 04/04/2009
Book Review: 'Stress Test' by Timothy F. Geithner
Wall Street Journal 05/12/2014
Summers and "contamination", spending so much time with hedge funds that you think like them.
01/02/2009
Summers worked for D.E. Shaw, a large fund, in 2008. He was managing director and was paid $5.1 million for one day aweek at that fund.
Grouped Articles
New York Times 05/16/2010
Fed's Yellen, Husband Worth Up to $13.2 Million in 2012
Wall Street Journal 08/28/2013
Hedge Funders Are All a Little Nuts
Wall Street Journal 08/27/2013
Letters Show Little-Known Side of Summers
Wall Street Journal 09/13/2013
Summers Withdraws Name for Fed Chairmanship
Wall Street Journal 09/16/2013
Wall Street Journal 09/15/2013
Candidates for chairman of the U.S. Federal Reserve for 2014-
01/02/2009
Janet Yellen, John Taylor, Kohn, Dudley and Glenn Hubbard are candidates to replace Fed chairman Bernanke. Bernanke says he will not serve beyond Jan. 2014. Taylor has strong disagreement with the Fed's loose monetary policies. Fed chairwoman Janet Yellen provides continuity and scored highly in a WSJ July 2013 survey of candidates, for shaping monetary policy, forging consensus, and communicating policy.
Grouped Articles
Yellen Seen as Front-Runner for Top Fed Post
Wall Street Journal 07/19/2013
Fed Chairmanâs Departure Casts a New Light on the Bush Legacy
New York Times 07/26/2013
Fed's Yellen Says Stance on Banks Hardened
Wall Street Journal 08/13/2013
Wanted: A Boring Leader for the Fed
New York Times 08/20/2013
Fed's Yellen, Husband Worth Up to $13.2 Million in 2012
Wall Street Journal 08/28/2013
Summers Withdraws Name for Fed Chairmanship
Wall Street Journal 09/16/2013
Criticism of Bernanke's role at the Federal Reserve
01/02/2009
The difficult renomination and the subsequent 70-30 vote with 30 Senators opposed including Boxer, Feingold, Sanders and others. This follows Ron Paul's criticisms in Congress of the Fed's role- see that link group.
Grouped Articles
Martin Feldstein: The Federal Reserve's Policy Dead End
Wall Street Journal 05/09/2013
Bhidé and Phelps: Central Banking Needs Rethinking
Wall Street Journal 07/16/2013
Fed Chairmanâs Departure Casts a New Light on the Bush Legacy
New York Times 07/26/2013
Wanted: A Boring Leader for the Fed
New York Times 08/20/2013
Wall Street Journal 09/15/2013
What's Needed in the Next Fed Chief
New York Times 09/15/2013
Qualities a new chairman of the U.S. Federal Reserve should bring to the job in 2014- views of experts
09/15/2013
Errors in earlier policy should be avoided- allowing bubbles to form unchecked, lack of political independence from the administration, and lack of attention to regulatory to serious consumer and regulatory issues- say experts from editors of the WSJ to Jared Bernstein.
Grouped Articles
What's Needed in the Next Fed Chief
New York Times 09/15/2013
Wall Street Journal 09/15/2013
Larry Summers, former Treasury Secretary
01/02/2009
Grouped Articles
Moving forward after the debt deal - The Washington Post
Washington Post 08/02/2011
New York Times 05/16/2010
Fed's Yellen, Husband Worth Up to $13.2 Million in 2012
Wall Street Journal 08/28/2013
Letters Show Little-Known Side of Summers
Wall Street Journal 09/13/2013
Summers Withdraws Name for Fed Chairmanship
Wall Street Journal 09/16/2013
Wall Street Journal 09/15/2013
The policy team of the Obama Adminstration in 2010-2011.
01/02/2009
The exit of Summers, Emmanuel, Orszag, Jones and others.
Grouped Articles
Moving forward after the debt deal - The Washington Post
Washington Post 08/02/2011
New York Times 05/16/2010
Fed's Yellen, Husband Worth Up to $13.2 Million in 2012
Wall Street Journal 08/28/2013
Summers Withdraws Name for Fed Chairmanship
Wall Street Journal 09/16/2013
Wall Street Journal 09/15/2013
Chicago Mayor’s Race Is Cast as a Test of Liberalism
New York Times 03/21/2015
U.S. Federal Reserve vice chairwoman, Janet Yellen
07/19/2013
Yellen headed the subcommittee on communications at the Fed under chairman Bernanke where she pushed for regular communication with markets and the public.
Grouped Articles
Yellen Seen as Front-Runner for Top Fed Post
Wall Street Journal 07/19/2013
Fed's Yellen Says Stance on Banks Hardened
Wall Street Journal 08/13/2013
Wanted: A Boring Leader for the Fed
New York Times 08/20/2013
Fed's Yellen, Husband Worth Up to $13.2 Million in 2012
Wall Street Journal 08/28/2013
Summers Withdraws Name for Fed Chairmanship
Wall Street Journal 09/16/2013
Wall Street Journal 09/15/2013
Fed chairman Bernanke and New York Fed president Geithner ignore warnings in 2006 about the housing bubble
01/02/2009
Transcripts of the meetings of the Federal Open Market Committee of the Federal Reserve show new Fed chairman Bernanke and Head of the New York Fed discounted the growing risks in the U.S. housing markets in 2006. Fed governors Janet Yellen and Susan Bies raised the issue in meetings at the Fed. Transcripts show a sense of complacency had set in at the Fed with Bernanke confident about a soft landing for the housing market.
Grouped Articles
Central Bankers Hone Tools to Pop Bubbles
Wall Street Journal 07/08/2013
Wall Street Journal 09/15/2013
What's Needed in the Next Fed Chief
New York Times 09/15/2013
Book Review: 'Stress Test' by Timothy F. Geithner
Wall Street Journal 05/12/2014
The Case Against the Bernanke-Obama Financial Rescue
New York Times 05/16/2014
New York Times 05/17/2014
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