Dem opposition dooms Larry Summers's Fed candidacy  —  Larry Summers on Sunday withdrew his name from consideration as chairman of the Federal Reserve, a defeat for President Barack Obama — who could not convince members of his own party to shelve their opposition to his former top economic adviser.

Summers Pulls Name From Consideration for Fed Chief  —  WASHINGTON — Lawrence H. Summers, one of President Obama's closest economic confidantes and a former Treasury secretary, has withdrawn his name from consideration for the position of chairman of the Federal Reserve amid rising opposition …

With Larry Summers out, what's next?  —  Larry Summers, who longed to be chairman of the Federal Reserve, ultimately concluded that an ugly fight over his nomination would be bad for the central bank and possibly even worse for the fragile U.S. economy.  He told President Barack Obama as much in a phone call and letter on Sunday.

Larry Summers withdraws name from Fed consideration  —  Former White House economic adviser and Treasury secretary Lawrence H. Summers has withdrawn his name as a candidate for Federal Reserve chairman, a person familiar with the matter said Sunday.  —  President Obama had been strongly …

Five reasons Obama should name Janet Yellen to chair the Federal Reserve  —  Larry Summers is out for Fed chair.  That should mean Janet Yellen is in.  But does it?  —  Janet Yellen should be the next Fed Chair.  (Federal Reserve/Flickr)  —  There are two reasons Yellen might not be named to the Federal Reserve.