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Lawrence Henry Summers (born November 30, 1954) is an American economist who served as the 71st United States Secretary of the Treasury from 1999 to 2001 and as director of the National Economic Council from 2009 to 2010.
EUR. +0.53 +5.73%. Former Treasury Secretary Lawrence Summers urged current Secretary Janet Yellen and other top US regulators to pledge that they will back the uninsured deposits in any banks ...
Former Treasury Secretary Larry Summers said more interest-rate increases may be needed to bring down inflation despite a banking crisis in the US. "I probably would have allowed more room for ...
Mar 25, 2023 – 5.43am. Former Treasury Secretary Lawrence Summers urged current Secretary Janet Yellen and other top US regulators to pledge that they will back the uninsured deposits in any ...
Larry Summers, among others, then demanded that the Federal Deposit Insurance Corporation issue a full guarantee of all of the uninsured deposits. To the dismay of the sensible former FDIC chair ...
Former Treasury Secretary Lawrence Summers said the Federal Reserve shouldn’t be spooked into easing its campaign to contain inflation out of excessive concern about a credit crunch in the wake ...
Former Treasury Secretary Lawrence Summers said worrying signals of a potential sharp drop-off in activity combined with strength in other indicators point toward an uncertain economic outlook.
Last June, Summers said the U.S. needs a surge in unemployment to curb inflation — a one-year spike that would cause about 10 million jobs to be lost. On Friday, the latest federal jobs report ...