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Summers Pulls Name From Consideration for Fed Chief
The New York Times: WASHINGTON — For Lawrence H. Summers, President Obama’s preferred candidate to lead the Federal Reserve, the messy debate over a military attack in Syria was the final sign.
After weeks of opposition to his candidacy from an array of progressives, the president’s inability to rally Congressional Democrats on Syria persuaded Mr. Summers that his most important audience — the Senate, which must confirm a Fed chairman — probably could not be won over.
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