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Obama To Nominate Larry Summers As Federal Reserve Chairman As Early As Next Week: Report
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| Contributor | J.R. |
| Last Edited | J.R. Sep 13, 2013 07:24am |
| Category | News |
| News Date | Sep 13, 2013 07:00am |
| Description | * Nikkei reports announcement could come late next week
* White House says Obama has not made a decision yet
* Summers and Fed Vice Chair Yellen seen front runners for job
* Term of incumbent Bernanke expires in January
TOKYO, Sept 13 (Reuters) - U.S. President Barack Obama will name former Treasury Secretary Lawrence Summers as chairman of the Federal Reserve Board, Japan's Nikkei newspaper said on Friday.
The newspaper, quoting unnamed sources, said in its original Japanese version that Obama was "in the final stages" and moving toward naming Summers.
The English-language version said the president "is set to" name Summers as early as late next week. |
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