Joint Economic Committee investigates possible recession in Washington
Former Treasury Secretary Lawrence Summers (L) watches as Lawrence Mishel, president of the Economic Policy Institute, testifies before a Senate and House joint Economic Committee hearing on a possible recession in America in Washington on January 16, 2008. (UPI Photo/Kevin Dietsch)
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WASHINGTON, Jan. 24 (UPI) -- White House economic adviser Lawrence Summers warned not to push U.S. auto companies into bankruptcy too quickly, a recently surfaced document says.
UPI Almanac for Wednesday, Nov. 23, 2011.
They are handing Europe's trouble spots over to the technocrats.
WASHINGTON, Sept. 21 (UPI) -- U.S. President Barack Obama said Tuesday Lawrence Summers, who heads the National Economic Council, will leave the administration at the end of the year.
WASHINGTON, Sept. 20 (UPI) -- President Barack Obama didn't tip his hand about whether his Treasury secretary and key economic adviser would be around after the 2010 midterm elections.
BEIJING, Sept. 4 (UPI) -- Talks between two of President Obama's top advisers and Chinese officials will cover monetary policy and national security, the White House said.
WASHINGTON, May 19 (UPI) -- White House economist Lawrence Summers said U.S. automaker General Motors Co.'s initial public offering could allow for a complete payback of bailout funds.
WASHINGTON, April 21 (UPI) -- White House economic adviser Lawrence Summers said Wednesday bailed out U.S. auto companies Chrysler and General Motors were on the "road to recovery."
WASHINGTON, Dec. 13 (UPI) -- It will be awhile before the U.S. unemployment picture brightens significantly, the top White House economic adviser warned Sunday.
WASHINGTON, Nov. 2 (UPI) -- The U.S. economy may have retreated from its recessionary abyss, but progress on employment will continue to lag, President Barack Obama said Monday.
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