Tags: Yellen | Summers | Ferguson | Fed

Levitt Says Summers-Yellen Fight May Push Obama to Pick Ferguson

President Barack Obama might nominate Roger Ferguson, the chief executive officer of TIAA- CREF, to be the next Federal Reserve chairman instead of Lawrence Summers or Janet Yellen, said former Securities and Exchange Commission Chairman Arthur Levitt.

The “orchestrated campaign against Summers, I think, makes him politically impossible,” Levitt told Tom Keene and Scarlet Fu in an interview on Bloomberg Radio. “It’s quite possible that the president will go elsewhere,” and his choice “could well be Roger Ferguson for instance.”

© Copyright 2015 Bloomberg News. All rights reserved.

1Like our page
2Share
FinanceNews
President Barack Obama might nominate Roger Ferguson, the chief executive officer of TIAA-CREF, to be the next Federal Reserve chairman instead of Lawrence Summers or Janet Yellen, said former Securities and Exchange Commission Chairman Arthur Levitt.
Yellen,Summers,Ferguson,Fed
80
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved