Lawrence_Summers - Joint Economic Committee investigates possible recession in Washington

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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Obama braces for more job losses
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.
WASHINGTON, Sept. 18 (UPI) -- White House economic adviser Lawrence Summers told a Washington audience Friday financial recovery includes confronting the "moral hazard" issue.
A historic year on Wall Street has a likely capstone event with Monday's presidential address from the Federal Hall in New York.
Obama: Wall Street should embrace reforms
NEW YORK, Sept. 14 (UPI) -- U.S. President Barack Obama urged financial firms Monday to "embrace" regulatory reforms proposed by his administration, saying they owe a debt to taxpayers.
Biden says recovery act is working
WASHINGTON, Aug. 4 (UPI) -- U.S. Vice President Joseph Biden said Tuesday the economy was showing many signs that the recovery act is a success.
U.S. markets jump Monday
NEW YORK, Aug. 3 (UPI) -- U.S. markets gained ground Monday as White House adviser Lawrence Summers said the economy is showing signs of improvement.
WASHINGTON, Aug. 2 (UPI) -- The U.S. economy has bottomed out and will resume its growth in the second half, a key White House economic adviser said Sunday.
Report: Bailout funds could help small biz
WASHINGTON, July 10 (UPI) -- Obama administration officials are working on a plan to help U.S. small businesses with funds originally intended to bail out the banking system, sources said.
WASHINGTON, July 8 (UPI) -- The U.S. House Appropriations Committee agreed to a measure that would force General Motors Corp. and Chrysler LLC to keep auto dealerships open.
Asian and European markers turned mostly lower Wednesday, following the second sharp fall in U.S. markets in three trading sessions.
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nytimes.com at 3 Apr 2009 10:05 pm
Lawrence Summers, a top Obama economic adviser, received payments last year from firms over which he now has influence, according to new disclosures from West Wing aides.
nytimes.com at 25 Nov 2008 09:35 pm
Over the last two years, Lawrence Summers has carved out a role as a shadow economic minister, laying out how a Democratic administration would have responded to the financial crisis.
latimes.com at 24 Nov 2008 10:33 pm
The team led by Lawrence Summers, Timothy Geithner and Christina Romer will have to strike a balance between extraordinary government intervention and the nation's commitment to free...
cnn.com at 24 Nov 2008 05:06 pm
President-elect Barack Obama named key members of his administration's economic team Monday, including New York Federal Reserve President Timothy Geithner as his Treasury Secretary...
latimes.com at 7 Nov 2008 03:00 am
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...
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