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Battlelines drawn on Fed chair decision
Richard McGregor in Washington
July 28, 2013
©Getty/Bloomberg
Ben Bernanke announced that he is resigning the Federal Reserve effective September 1, 2013.
One of the Federal Reserve Governors has resigned effective September 1, 2013.
Janet Napolitano [Homeland Security] has resigned effective September 1, 2013.
So the ????? is…Why??? Scape goats are a coming? …. time will tell….. ---JF
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Battlelines drawn on Fed chair decision
The choice of a new Federal Reserve chair is provoking unusual acrimony for such a search, mixing a sensitive debate over gender with unresolved tensions on the left over financial regulation.
The new controversy over who should replace Ben Bernanke was triggered by suggestions that Larry Summers, the former Treasury Secretary and White House adviser to Barack Obama, was the frontrunner for the job.