sidelineded because you speak your mind too loudly and you frankly because she's a woman. and the president needed to check that box. this is just the truth. we all know it's out there. is there a part of you deep down that feels you took a hit for the wrong reasons? >> no, erin, i'm a person who's been in public life for a long time. and i know that things work out how they work out. there's a lot of circumstances that go into every decision. and i was glad to have been considered. i am really very much focused forward. i think janet yellin is going to do a fine job. i look forward to following her progress at the fed. >> a diplomatic answer there from larry summers. go to our web site, cnn.com/outfront. you can hear more of our interview including what he this about bill clinton's comments about the president, elizabeth warren in 2016 and too big to fail. still to come the latest in the devastation in the phillipines. we have a series of special reports for you tonight as horror turns to tragedy with millions begging for food.