September 16, 2013
Larry Summers Withdraws for Fed Chair — Now What?

We don’t know who the next Fed Chair will be, but we know who it won’t. It won’t be Obama favorite — and liberal bête noire — Larry Summers, who officially withdrew his name from consideration on Sunday. It’s just the latest plot twist in what has to be the nerdiest, and certainly most consequential, reality show ever: America’s Next Top Central Banker.
So how did we get here, and where are we headed now?
Read more. [Image: Reuters]

Larry Summers Withdraws for Fed Chair — Now What?

We don’t know who the next Fed Chair will be, but we know who it won’t. It won’t be Obama favorite — and liberal bĂȘte noire — Larry Summers, who officially withdrew his name from consideration on Sunday. It’s just the latest plot twist in what has to be the nerdiest, and certainly most consequential, reality show ever: America’s Next Top Central Banker.

So how did we get here, and where are we headed now?

Read more. [Image: Reuters]

  1. rechirg reblogged this from theatlantic and added:
    Great big and good news
  2. willbraham reblogged this from theatlantic
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  8. chaddad reblogged this from theatlantic
  9. grrleconomist reblogged this from theatlantic and added:
    JANET YELLEN PLZ
  10. igbolt reblogged this from theatlantic
  11. monsieur-mac reblogged this from theatlantic
  12. kchams reblogged this from theatlantic
  13. the-electric-boogaloo reblogged this from theatlantic
  14. altadam reblogged this from theatlantic and added:
    I typically wouldn’t care who the fucking Fed Chair is but I’m glad it’s not someone who’s Wikipedia page mentions...
  15. sarahlaughsallthetime reblogged this from theatlantic
  16. apopyasy said: I bet Regan’s ghost started to haunt him.
  17. theatlantic posted this