Comments on: Don’t send Summers to the Fed http://blogs.reuters.com/felix-salmon/2013/07/24/dont-send-summers-to-the-fed/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Freddie Annibale http://blogs.reuters.com/felix-salmon/2013/07/24/dont-send-summers-to-the-fed/comment-page-1/#comment-55654 Sun, 19 Oct 2014 16:55:17 +0000 https://blogs.reuters.com/felix-salmon/?p=22287#comment-55654 Howdy! I’m at work surfing around your blog from my new iphone! Just wanted to say I love reading through your blog and look forward to all your posts! Carry on the superb work!

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By: AlexNY http://blogs.reuters.com/felix-salmon/2013/07/24/dont-send-summers-to-the-fed/comment-page-1/#comment-47772 Sat, 03 Aug 2013 19:59:18 +0000 https://blogs.reuters.com/felix-salmon/?p=22287#comment-47772 The Chair of the Fed should not be a political appointment. The job demands multiple and sophisticated skills. As brilliant as Summers maybe – I doubt he understands banking regulation in depth – repealing Glass-Steagal in the context it was done shows this. On the other hand, while Sheila Bair knows how to assess the health of the financial system, she may not have a strong command of the tools for monetary policy. The Fed chair should be an insider, with the appropriate job training. Notice that it is not common for central banks to have that many roles in an economy. In Europe banking regulation is separated from the central bank activity, even in Britain. While Britain is not a member of the European monetary union, it follows Basel committee regulation delegates financial services regulation to the FSA. Even more reason to strengthen the importance of a career at the Fed by appointing an insider.

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By: AZreb http://blogs.reuters.com/felix-salmon/2013/07/24/dont-send-summers-to-the-fed/comment-page-1/#comment-47721 Fri, 26 Jul 2013 22:14:00 +0000 https://blogs.reuters.com/felix-salmon/?p=22287#comment-47721 If Obama gives the Fed to Summers, it will be no surprise. Obama is now known for his bad choices.

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