Obama to nominate Summers as Fed chief: Nikkei [View all]
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Obama to nominate Summers as Fed chief: Nikkei
Source: Reuters
U.S. President Barack Obama will name former Treasury Secretary Lawrence Summers as chairman of the Federal Reserve Board, Japan's Nikkei newspaper said on Friday.
The newspaper, quoting unnamed sources, said in its original Japanese version that Obama was "in the final stages" and moving toward naming Summers.
The English-language version said the president "is set to" name Summers as early as late next week.
Asked about the story, a White House spokeswoman said Obama had not made his decision about the Fed job.
Read more: http://www.reuters.com/article/2013/09/13/us-usa-fed-summers-report-idUSBRE98C06120130913?irpc=932
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