Lawrence Summers

Lawrence Summers

Lawrence Summers

"A Departure to Be Welcomed": Robert Scheer on Resignation of White House Economic Adviser and Deregulation Proponent Lawrence Summers

The makeup of President Obama's economic team is being shaken up some more as Lawrence Summers has announced he is resigning as director of the National Economic Council later this year to return to Harvard University. According to Bloomberg News, the White House is considering naming a "prominent corporate executive" to replace Summers in order to counter Wall Street criticism that the administration is "anti-business." We speak to veteran journalist Robert Scheer, author of The Great American Stickup: How Reagan Republicans and Clinton Democrats Enriched Wall Street While Mugging Main Street. Ref. Source 1