power

Obama Chief Economist Larry Summers Stages a Coup D'etat

It appears notorious bad trade deals, deregulation Larry Summers is staging a coup on who can influence overall economic policy and one of the toes he is stepping on is past Federal Reserve Chairman Paul Volcker>

Paul Volcker has grown increasingly frustrated over delays in setting up the economic advisory group President Barack Obama picked the former Federal Reserve chairman to lead, people familiar with the matter said.