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Showing Original Post only (View all)Larry Summers Gets 'Full-Throated Defense' From Obama In Capitol Hill Meeting, Lawmaker Says [View all]
Source: The Huffington Post![]()
WASHINGTON -- President Barack Obama gave a "full-throated defense" of Larry Summers in a closed meeting with House Democrats Wednesday, according to a lawmaker in the room, but said hes nowhere near making a decision on who will be the next Federal Reserve chairman.
Summers, along with Janet Yellen, are reportedly the top contenders for the Fed post. White House adviser Dan Pfeiffer said Wednesday that no decision will be made until the fall, but that hasnt stopped people from speculating about the frontrunner.
During Wednesdays meeting, one Democratic lawmaker, who requested anonymity, said the president became agitated and rose to Summers defense in response to Rep. Ed Perlmutter (D-Colo.) walking up to the microphone and simply saying, "Larry Summers. Bad Choice."
In paraphrasing Obama's response, the lawmaker said the president replied, "Hey, don't talk sh*t about him because he's actually a pretty good guy. And then he said, 'If somebody talked sh*t about you like that, I'd defend you too."' (The lawmaker added that Obama didn't use the expletive.)
Read more: http://www.huffingtonpost.com/2013/07/31/larry-summers-obama_n_3682908.html
I hope that he doesn't choose Summers.