Detailed text transcripts for TV channel - MSNBC - 20130728:12:39:00
Are saying, we don't want tom harkin. >> i think this is close to chuck hagel pick. nobody outside of the obama white house prefers larry summers. it's not clear he'll be good at managing the open market committee on the fed. people talk about the fed chair as being tremendously powerful but the fed chair's decisions have to be ratified by the whole board. he needs to build consensus among them. summers has a fraught record. i think he's done impressive things in his career but it's a time you need the fed to speak with a unified voice and the president doesn't seem focused on it. >> why does ...