Tags: BUD | BUSINESS | CNG | COS | ECO | EXE | FIN

Obama Expected to Name Summers Successor Next Month, Gibbs Says

Sunday, 26 Dec 2010 09:39 AM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

A successor to National Economic Council Director Lawrence Summers will probably be named next month, White House press secretary Robert Gibbs said today.

Summers is keeping his position through the end of the year, and President Barack Obama wanted to “take some time to make a good decision,” Gibbs said on CNN’s “State of the Union” program. “It’s an important part of our economic team.”

Obama announced in September that Summers, 56, would return to Harvard University, where he served as president from 2001 to 2006. He was Treasury secretary during President Bill Clinton’s administration.

Possible candidates to succeed Summers include Roger Altman, founder of Evercore Partners Inc.; Gene Sperling, an adviser to Treasury Secretary Timothy Geithner; and Yale University President Richard Levin.

Gibbs said he didn’t expect other major personnel changes.

“We’ve had a very capable and good cabinet that has helped move the president’s agenda forward,” he told CNN. “We have a very talented team.”

--Editors: Brigitte Greenberg, Mark Rohner

To contact the reporter on this story: Jonathan D. Salant in Washington at jsalant@bloomberg.net.

To contact the editor responsible for this story: Mark Silva at msilva34@bloomberg.net.

© Copyright 2014 Bloomberg News. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Mali's Islamists Withdraw Cease-Fire Pledge

Friday, 04 Jan 2013 13:06 PM

Tens of thousands of Fatah supporters rallied in the Hamas stronghold of Gaza on Friday for the first time since they we . . .

Fmr. CIA Director Hayden: Iran Nuclear Crisis Gets 'Scarier'

Tuesday, 17 Jul 2012 18:11 PM

 . . .

Join Fmr. CIA Director for Special Iran Briefing, Assess the Danger

Friday, 13 Jul 2012 12:27 PM

 . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved