Wall Street Journal |
Fed Contender Summers Has Been Consulting for Citi, Nasdaq
Wall Street Journal WASHINGTON— Lawrence Summers, one of the leading contenders to be the next chairman of the Federal Reserve, has been a paid consultant to Citigroup Inc. and other financial institutions, roles that are likely to draw the focus of opponents of his … Wall Street wants Yellen, not Summers, as next Fed chief Battlelines drawn on Fed chair decision UPDATE 2-Obama likely won't announce Fed chair pick until fall -official |