Statement from National People’s Action Executive Director George Goehl on rumors that President Obama is planning to appoint Summers to head the Federal Reserve:

 
For Immediate Release: July 25, 2013
Contact: Molly Haigh, 907-750-1999, molly@fitzgibbonmedia.com

National People’s Action: No Worse Pick to Head the Fed than Larry Summers for Working Class Families

Statement from National People’s Action Executive Director George Goehl on rumors that President Obama is planning to appoint Summers to head the Federal Reserve:

“There is perhaps no worse pick to head the Federal Reserve for working class families that Larry Summers. His work to ensure a no-strings bailout for Wall Street is alone enough to disqualify him for the post, not to mention his key role in engineering the Great Recession by fatally weakening oversight and regulations for big banks. We urge President Obama to reconsider his rumored choice of Larry Summers and instead pick someone who will work for Americans of all income levels.”
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National People's Action (NPA) is a network of grassroots organizations with a fierce reputation for direct action from across the country that work to advance a national economic and racial justice agenda. NPA has over 200 organizers working to unite everyday people in cities, towns, and rural communities throughout the United States through direct-action, house meetings and community organizing.