Facing opposition from both sides of the aisle, Larry Summers pulling out of the race for fed chairman. The onetime Clinton Administration secretary called the president to notify him. In a letter following the call, he wrote, i have reluctantly concluded that any possible confirmation for me would be acrimonious and would not serve the interest of the federal reserve, the administration or ultimately the interests of the nations john gog economic recovery. Janet yellen seen as a leading candidate, seen by the markets as less likely to scale back the Stimulus Program as aggressively as summers would have had he become fed chairman. Is this all about summers or Something Else . Summers is a patriot. He knew this was going to tear the country up. I know he wanted the jobs. It is kind of a big thing for him to do. He did not press it. I dont know why the president would pick yellen, because she is everything he doesnt seem to want. Total dark horse, probably doesnt get it. Stanley fisher,
For those there are sort of two things, the real versus the monetary, the you have to suffer for your sins versus you have to stop the panic. Those are in the sense would be the two schools. Rose youre in favor of stopping the panic. Absolutely. Rose and not suffering for your sins to you. It to the a morality play f you want to do a morality play we can do lots of things like putting bankers in jails and thing like that but not at the macro level no one is being recorded rdz but most people understand we need entitlement reform and it ought to be on the table. Absolutely. Rose mish phenomenon fishman and pos enwhen we continue. Funding for charlie rose was provided by the following additional funding provided by these funders . From our studios in new york city, this is charlie rose. Rose jay fishman is here, he is is the chairman ceo of travelers. It is one of the nations leading providers in Property Casualty insurance. Travelers has also been a leader in Corporate America to help e
Wealth. Socialism spends the money that capitalism creates. Why did you check the boxes. Decades ago i sometimes identified as native american. Universities fudged and used you. I shouldnt have done it. For too years i was loyal to a man when i shawled not have been. Now i know low Chloe Kardashian feels. Im not even going to wear a jacket. I think were going to do even better in 2020. Good morning. Freedom freedom freedom, freedom, freedom. If youre looking for a theme of this sunday, well every fox friends but this sunday edition of fox friends, freedom is all youre going to get all morning. Its National Anthem day. National National Anthem day. Listen. I was in georgetown in washington, d. C. Sorry. Right near the Francis Scott key bridge. The war after 1812 was finalized in 1814, woo Herbert Hoover madt our National Anthem which we love it here. No kneeling here. Were going to it right. Were going to celebrate national National Anthem day all morning. There were a few speeches yest
Ellenville's Slutsky Lumberyard is turning heads for the second year running with its provocative pinup calendar featuring locals with tools and not much else.