President Barack Obama will likely name a new chief economic adviser to replace Lawrence Summers later this week as his administration looks for more effective ways to reduce an unemployment rate that remains near 10%, the Asso…
Roger Altman, former deputy treasury secretary and founder of Evercore Partners Inc., is a top candidate to replace Lawrence Summers as director of President Obama’s National Economic Council, Bloomberg News said.
Altman, 64, met with Obama Tuesday t…
After the midterm elections in November, Summers is expected to relinquish his role as President Obama’s National Economic Council director and return to Harvard University.
Continue reading Larry Summers to St…