Top 25 Market Movers
3
Lawrence Summers
Director, National Economic Council
Summers is tasked with the expansive job of coordinating all of the president's domestic and international economic policies. Figuring out what to do about falling home prices might be the top concern that ties together his duties.
Audio Commentary
"During a recession, the top priority
for the near term isn't deficit reduction."
for the near term isn't deficit reduction."
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Bio
Date of Birth: 11/30/1954
Hometown: Penn Valley, Pa.
Education: B.S., economics, MIT; Ph.D., Harvard University
Trivia
Two of Summers's uncles are Nobel laureates in economics: Paul Samuelson and Kenneth Arrow.