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Obama faces a difficult choice for Treasury secretary

Nov. 7, 2008
Lawrence Summers has the president-elect's ear on economic matters, but his penchant for controversy gives pause to some. Ex-Federal Reserve chief Paul Volcker is seen as a more reassuring choice. During the campaign, when Barack Obama needed an authoritative voice to defend his tax and spending...
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President Obama awards the Presidential Medal of Freedom in Washington
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President Barack Obama awards the the Presidential Medal of Freedom to singer/songwriter Bob Dylan during a ceremony in the East Room at the White House in Washington on May 29, 2012. The Medal of Freedom is our NationÕs highest civilian honor, presented to individuals who have made especially meritorious contributions to the security or national interests of the United States, to world peace, or to cultural or other significant public or private endeavors. UPI/Kevin Dietsch