White House, Larry Summers | featured news

A new book claims that the Obama White House is a boys’ club marred by rampant infighting that has hindered the administration’s economic policy, and left top female advisers feeling excluded from key conversations. “Confidence Men: Wall Street, Washington, and the Education of a President,” by journalist Ron Suskind due out next Tuesday, details the rivalries among Obama’s top economic advisors, Larry Summers, former chairman of the National Economic Council, and Treasury secretary, Timothy F. Geithner. It describes constant second-guessing by Summers, now at Harvard, who was seen by others as “imperious and heavy-handed” in his decision-making.

President Barack Obama on Tuesday interviewed investment banker Roger Altman, a former Treasury official, as a candidate to replace departing economic adviser Larry Summers, a White House official said.