Larry Summers
๐ค Speaker
67
total appearances
Appearances Over Time
Podcast Appearances
Bloomberg Talks
Larry Summers Talks Fed Independence
This is of a piece with sending the FBI to former officials' homes.
Bloomberg Talks
Larry Summers Talks Fed Independence
with threatening people with criminal prosecutions.
Bloomberg Talks
Larry Summers Talks Fed Independence
And I think over time it runs very, very substantial risks for our national economy.
Bloomberg Talks
Larry Summers Talks Fed Independence
I don't think so.
Bloomberg Talks
Larry Summers Talks Fed Independence
I'm not an expert on the legalisms, but remember that whereas the Deputy Secretary of State reports to the Secretary of State, the governors of the Federal Reserve are not subservient to the chairman and don't report to the chairman.
Bloomberg Talks
Larry Summers Talks Fed Independence
So I think this is something that will be worked out in court.