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Obama Defends Larry Summers to Democrats

President Obama today offered what one House Democrat called a ‘”full throated defense” of former economic adviser Larry Summers, raising speculation that he was signaling he may choose Summers to lead the Federal Reserve.

Obama held separate, private meetings today on Capitol Hill with House and Senate Democrats. Liberals, including some in the media, have been antagonistic to the possibility of Summers becoming Fed Chairman, preferring current Vice Chairman Janet Yellin instead. Obama and some of his top White House aides are said to be leaning toward Summers, though Obama insists he has not made a decision.

Obama grumbled during the meeting that Summers had been unfairly treated by some on the left and the press, quipping, “Don’t believe everything you read in the Huffington Post.”

The White House immediately claimed Obama was only defending his former aide, not signaling his Fed choice.

“He was asked about criticism of one of his former top economic advisers,” said White House Press Secretary Jay Carney. “(Summers) was very much a part of the team that advised the president as the president made some extremely important decisions.”

During Obama’s session with Senate Democrats, Sen. John McCain (R-Ariz.), who has been trying to work on legislation with Democrats and the White House, strolled into the meeting and was greeted with applause.

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15 Responses to Obama Defends Larry Summers to Democrats

  1. Yikes, advising Obama on “extremely important decisions” is reason enough not to promote Summers to anything ! So why did he spend a half day convincing the Dems what a good guy he is ?

    Ouch to Huffington ‘don’t believe everything you read’ Post. One of his biggest media lapdogs under the bus now?

  2. John McCain is our modern day Benedict Arnold. Like General Arnold, he fought alongside his fellow Americans for liberty. Then when he thought he might be on the losing side, he became a turncoat. There’s a word that describes them both well – traitors.

  3. They were not cheering the man, they were cheering the turncoat.

    McCain, Lindsay, Ayotte, Rubio, and the other members of the Immigration 8 have abandoned their party. They make statements and cave to Reid and Obama. They all need replacing.

  4. About Larry Summers. Isn’t he the guy Peter Orszag credited with saying: “You know, Peter we’re really home alone. There’s no adult in charge. Clinton would never have made these mistakes.”

    Fat chance the petulant Preezy Revenge will overlook that remark. The guy has a snowball’s chance in hell of getting an appointment as the Fed Reserve chief.

  5. And then pretty much after that Dirty Harry just threw up his hands and said I and the caucus will support anyone the President tells us to. Ok, he didn’t say “tells us to”, but he did say we will support the President’s choice.