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  1. Money Supply

    May 27, 2014

    Larry Summers: "Robots are already taking your jobs"

    (c) Getty Images A sobering message from Larry Summers this afternoon in a speech at the “Conference on Inclusive...

  2. August 11, 2013

    Summers set to face tougher Fed confirmation fight than Yellen

    Lawrence Summers is expected to face a more fraught confirmation battle if picked to be the next chairman of the Federal...

  1. May 28, 2013

    Krueger to step down as White House’s chief economist

    Alan Krueger will step down as the White House’s chief economist this autumn, with Jason Furman set for a promotion to...

  2. November 26, 2012

    White House warns of $200bn consumption fall

    In speech after speech on the campaign trail until his convincing re-election in early November, Barack Obama promised that...

  3. March 20, 2012

    Republican budget plan calls for tax cuts

    Republicans in the House of Representatives released an election-year budget proposal that would cut taxes and impose deep...

  4. FT Alphaville

    March 14, 2012

    Please join us in welcoming Jake to Goldman Sachs...

    Hail Mary pass, or what? It was never going to be easy, being the new Lucas. Dealbook has the memo welcoming Richard “Jake”...

  5. February 19, 2012

    Israel plans sovereign wealth fund

    Israel has revealed plans to set up a new sovereign wealth fund, which will be tasked with managing the expected flood of...

  6. January 25, 2012

    White House details tax reform

    President Barack Obama fleshed out his pitch to blue-collar America, detailing a series of tax incentives designed to...

  7. November 30, 2011

    Congress eyes move to ease raising of capital

    As 25m US workers struggle to find full-time work, the Obama administration and Congress are examining proposals to overhaul...

  8. October 13, 2011

    Obama adviser warns over jobs bill bickering

    The US faces the possibility of fresh economic turmoil if politicians cannot agree on the $447bn jobs bill facing Congress,...

  9. August 7, 2011

    ECB and G7 signal readiness to intervene

    The European Central Bank and G7 gave clear signals on Sunday night and Monday morning that they would intervene in the...

  10. August 1, 2011

    More fiscal warfare on the horizon

    A new round of fiscal warfare is in store for the US over the coming months as a new congressional committee is formed to...

  11. June 27, 2011

    Obama economists

    In the “yes we can” days after Barack Obama’s election in 2008, the all-star team of economists gathered round the new...

  12. June 7, 2011

    Leading Obama economic adviser to leave

    Austan Goolsbee, one of President Barack Obama’s closest economic advisers, will leave the administration in the summer to...

  13. May 25, 2011

    Worker retraining wrangle holds up US trade pacts

    Congressional approval for three US trade deals is being jeopardised by budget-cutting disputes, after the Obama...

  14. May 15, 2011

    Movers & Shakers: May 16

    ● Kate Jones has joined Schroders as head of investment services. Ms Jones joins from BlackRock where she was head of...

  15. Money Supply

    March 4, 2011

    Fighting over US budget baselines

    A war of words and numbers has broken out in Washington over the geekiest of subjects: which budget baseline should be used...

  16. March 3, 2011

    Democrats sweeten budget offer with $6.5bn of cuts

    The Obama administration offered a sweetener of $6.5bn in additional spending cuts on Thursday as White House officials held...

  17. January 31, 2011

    Obama seeks tax boost for small business

    Barack Obama, president, is proposing to permanently scrap capital gains taxes on investments in small business, in a move...

  18. January 23, 2011

    Obama must woo business to win

    Asked last week what was needed to revive the US economy, Jeff Immelt, chief executive of General Electric, told the...

  19. January 13, 2011

    America: Paydown problems

    It was the most startling of warnings. If the US does not get its finances in order “we will have a European situation on...

  20. January 9, 2011

    Obama tries a Clintonian swerve

    The White House had hoped to spend this weekend plotting its new economic strategy. Instead the atrocity in Arizona demanded...

  21. January 7, 2011

    Sperling set to head US National Economic Council

    Barack Obama selected Gene Sperling to be director of the National Economic Council and his top economic adviser, bringing...

  22. January 6, 2011

    Obama’s press secretary latest to quit

    The exodus of President Barack Obama’s closest cadre of advisers continued on Wednesday as Robert Gibbs, the White House...

  23. Money Supply

    January 5, 2011

    Sperling looking to clinch NEC job

    Gene Sperling, the adviser to treasury secretary Tim Geithner, appears increasingly likely to be appointed director of the...

  24. January 4, 2011

    Republicans hit at White House delays in filling top jobs

    Republicans, after two years of criticism from the White House for blocking government appointments, have started to...

  25. FT Alphaville

    January 4, 2011

    Obama taps Sperling and Daley as key aides

    President Barack Obama is preparing to appoint Gene Sperling as the successor to Larry Summers as head of the National...

  26. Money Supply

    December 14, 2010

    The latest twist in the NEC race

    An Ivy League handover may be in the cards for the post of National Economic Council director, president Barack Obama’s top...

  27. November 19, 2010

    Lew confirmed as White House budget chief

    The Obama administration received a boost on Thursday night when the Senate confirmed Jack Lew, a state department official...

  28. Money Supply

    November 16, 2010

    Altman interviews for the NEC

    Here’s the latest update on the White House’s search for a replacement for Larry Summers, the departing director of the...

  29. Money Supply

    November 15, 2010

    Roger Altman for the NEC?

    Speculation has been rising in Washington in recent days that Roger Altman, the former deputy treasury secretary under Bill...

  30. October 20, 2010

    Foreclosure pressure on banks grows

    The Obama administration sought to ratchet up the pressure on banks over shoddy foreclosure practices, saying “business as...

  31. October 9, 2010

    Summers slams

    While Labour MP Ed Balls missed out on the shadow chancellor’s job, over in New York his Harvard mentor, Larry Summers, made...

  32. September 29, 2010

    Summers speaks on successor

    Larry Summers said it would be “reasonable” for Barack Obama to consider selecting a business executive to replace him as...

  33. September 26, 2010

    Lead from the centre, Mr President

    The Obama administration began with an embarrassment of economic talent, but the surfeit is disappearing. Larry Summers will...

  34. September 22, 2010

    Summers leaves Obama’s team

    Barack Obama’s economics team is in flux. The departure of Lawrence Summers, director of the National Economic Council, will...

  35. September 22, 2010

    Obama pressed to look at CEOs to replace Summers

    Lawrence Summers’ looming departure as director of the National Economic Council will offer Barack Obama, US president, his...

  36. FT Alphaville

    September 22, 2010

    Pink picks

    Comment and analysis from Wednesday’s FT, Martin Wolf: Wen is right to worry about China’s growth “In the case of China,...

  37. September 21, 2010

    Summers to quit Obama’s team

    Larry Summers, the Obama administration’s top economic adviser, will step down after the November midterm elections and...

  38. Money Supply

    September 21, 2010

    The last days of Summers

    Larry Summers’ days as steward of the Obama administration’s economic policy are numbered. The White House has just released...

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