| | | | | | To view this email as a webpage, click here | | |  | | | | Sunday September 15 2013 | | | | | | |
| | | Summers withdraws from Fed race | | | Lawrence Summers has taken himself out of the running to be the next chair of the Federal Reserve, withdrawing his name after opposition from key Democratic senators indicated they would oppose his nomination.
Mr Summers, a former Treasury Secretary and senior economic adviser to Barack Obama in his first term, galvanised opposition among left-of-centre Democrats who painted him as symbol of the wrongs of financial deregulation.
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