Saturday September 26, 2020

Fresh setback for White House as Summers quits

Controversial economist Larry Summers has become the latest of US President Barack Obama’s senior advisers to announce his imminent departure.

25th September, 2010
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Controversial economist Larry Summers has become the latest of US President Barack Obama’s senior advisers to announce his imminent departure.

Summers’ decision to return to his teaching post at Harvard at the end of the year, instead of continuing to serve as director of the National Economic Council, follows two other recent resignations. Christina Romer, with whom Summers often clashed, stepped down as chair of the Council of Economic Advisors last month while...

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